2017 Financial Press Releases


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11/07/17Kornit Digital Reports 2017 Third Quarter Results
Highlights GAAP third quarter 2017 revenues of $28.5 million reflects pre-announced delay of a large customer order. Non-GAAP third quarter 2017 revenues of $28.6 million, compared to the prior year period of $30.9 million. Third quarter 2017 GAAP operating loss of $0.2 million, compared to operating profit of $0.7 million in the prior year. Third quarter non-GAAP operating profit of $1.7 million, compared to $3.9 million in the prior year. Third quarter GAAP net loss of $(0... 
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10/26/17Kornit Digital Announces Date for Third Quarter 2017 Earnings Results
ROSH-HA`AYIN, Israel, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that it will release its earnings results for the third quarter ended September 30, 2017 on Tuesday, November 7, 2017 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Officer, will host a... 
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10/19/17Kornit Digital to showcase latest technology, neon inks and web-to-print solution at SGIA New Orleans
New products and inks enable new business opportunities in creative applications, mass customization, on-demand production and moreOctober 9th, 2017 –Kornit Digital (NASDAQ: KRNT), a global market leader in digital textile printing technology, has announced details of the company’s participation in the upcoming SGIA Show in New Orleans, Louisiana, October 10-12.At booth #1617, Kornit will show a variety of systems and solutions for both direct-to-garment and direct-to-fabric printing. The Allegr... 
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09/26/17Kornit Digital Reports Preliminary Results for Third Quarter 2017
ROSH-HA`AYIN, Israel, Sept. 26, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a leading provider of digital printing solutions for the global printed textile industry, today reported preliminary results for the third quarter of 2017. The Company now expects third quarter 2017 non-GAAP revenue to be in a range of $27.0 million to $28.5 million, compared with its previous guidance of $34.0 million to $38.0 million. The revenue shortfall is attributable to a single customer, who ... 
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09/06/17Kornit Digital’s Vulcan wins SGIA’s 2017 Product of the Year Award
Kornit’s fully digital garment printing solution gives screen printers the power and flexibility to benefit from the latest market trends ROSH-HA`AYIN, Israel, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Kornit Digital (NASDAQ:KRNT) has announced that it received the SGIA’s prestigious 2017 Product of the Year Award for the Kornit Vulcan, in the category “Direct-to-garment printers (Color Shirt – Not White)”. The Vulcan will be on display at the 2017 SGIA Expo in New Orleans, in Kornit’s booth # 1617.... 
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08/30/17Kornit to demonstrate express fashion capabilities at NY Fashion Week and Textile Month
Kornit Digital continues education of the fashion designers’ community about on-demand, environmentally conscious textile printing with minimal infrastructure requirements ROSH-HA`AYIN, Israel, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that during this year’s New York Fashion Week and Textile Month, it will co-host a symposium w... 
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08/28/17Kornit Digital to Present at the Citi 2017 Global Technology Conference
ROSH-HA`AYIN, Israel, Aug. 28, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that Gabi Seligsohn, the Company’s Chief Executive Officer, will present at the Citi 2017 Global Technology Conference on Thursday, September 7, 2017 at 8:45am ET in New York City. Mr. Seligsohn will be available for one-on-one meetings on September 7 and 8, 2017.... 
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08/07/17Kornit Digital Reports 2017 Second Quarter Results
Highlights GAAP second quarter 2017 revenue of $28.6 million, net of $1.4 million of non-cash customer incentive related to outstanding warrants issued to Amazon. Non-GAAP second quarter 2017 revenues of $30.0 million, an increase of 25.3% over the prior-year. Second quarter 2017 GAAP operating loss of $0.1 million, compared to operating profit of $0.1 million in the prior-year. Second quarter 2017 non-GAAP operating profit of $2.7 million, compared to $1.0 million in the prior-y... 
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07/25/17Kornit Digital to Present at the Canaccord Genuity Growth Conference
ROSH-HA`AYIN, Israel, July 25, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that Guy Avidan, the Company’s Chief Financial Officer, will present at the Canaccord Genuity Growth Conference on Thursday, August 10, 2017 at 8:30am ET in Boston, MA. Mr. Avidan will be available for one-on-one meetings on August 9 and 10, 2017. To schedule a on... 
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07/25/17Kornit Digital Announces Date for Second Quarter 2017 Earnings Results
ROSH-HA`AYIN, Israel, July 25, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that it will release its earnings results for the second quarter ended June 30, 2017 on Monday, August 7, 2017 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Officer, will host a confer... 
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06/01/17Kornit Digital to Present at Upcoming Investor Conferences
ROSH-HA`AYIN, Israel, June 01, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that the Company will attend three investor conferences, presenting at two, during the month of June. On Monday, June 5, 2017, Guy Avidan, the Company’s Chief Financial Officer, will present at the Stifel 2017 Technology, Internet, and Media Conference at 9:45 a.m... 
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05/16/17Kornit Announces Pricing of Secondary Public Offering of Ordinary Shares
ROSH HA’AYIN, Israel, May 16, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, announced today the pricing of an underwritten secondary public offering of 4,250,000 ordinary shares by the company’s largest shareholder, Fortissimo Capital Fund II (Israel) L.P. (“Fortissimo”) at a price to the public of $20.60 per share.  Fortissimo has also granted the underwrit... 
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05/15/17Kornit Announces Launch of Secondary Public Offering of Ordinary Shares
ROSH HA’AYIN, Israel, May 15, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, announced today the launch of an underwritten secondary public offering of 4,250,000 ordinary shares by the company’s largest shareholder, Fortissimo Capital Fund II (Israel) L.P. (“Fortissimo”). Fortissimo has also granted the underwriters a 30-day option to purchase up to an additi... 
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05/09/17Kornit Digital Reports 2017 First Quarter Results
Highlights GAAP first quarter 2017 sales of $27.1 million, net of the fair value of the warrants associated with revenues recognized from Amazon. Non-GAAP first quarter 2017 sales of $28.0 million, an increase of 28.4% over the prior-year. First quarter 2017 GAAP operating loss of $1.3 million, compared to an operating loss of $0.2 million in the prior-year. First quarter non-GAAP operating profit of $1 million, compared to $0.7 million in the prior-year. First quarter GAAP ne... 
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04/25/17Kornit Digital Announces Date for First Quarter 2017 Earnings Results
ROSH-HA`AYIN, Israel, April 25, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that it will release its earnings results for the first quarter ended March 31, 2017 on Tuesday, May 9, 2017 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Officer, will host a confere... 
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04/06/17Kornit Digital Announces Filing of 2016 Annual Report on Form 20-F
ROSH-HA'AYIN, Israel, April 06, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a leading provider of digital printing solutions for the global printed textile industry, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2016 with the Securities and Exchange Commission on March 30, 2017.  The annual report can be accessed on the Company’s investor relations website at ir.kornit.com and shareholders may receive a hard copy of the annual re... 
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04/03/17Cimpress and Kornit Digital take their collaboration to the next level
Cimpress boosts production capacity and versatility with multiple Avalanche Hexa R-Series systems from leading vendor of mass customization technology ROSH-HA'AYIN, Israel, April 03, 2017 (GLOBE NEWSWIRE) -- Kornit Digital, (NASDAQ:KRNT), a global market leader in digital textile printing technology, today announced a global procurement agreement with Cimpress, the world leader in mass customization. Under the agreement, Kornit started supplying multiple Avalanche Hexa R-Series systems to ... 
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02/14/17Kornit Digital Reports 2016 Fourth Quarter and Year End Results
Highlights GAAP fourth quarter 2016 sales of $32.0 million; Non-GAAP fourth quarter 2016 sales of $34.0 million, an increase of 33.4% over the prior-year. Fourth quarter GAAP net income of $820 thousand, or $0.03 per diluted share; non-GAAP net income of $5.1 million, or $0.16 per diluted share. Full year non-GAAP net income of $10.0 million, or $0.31 per diluted share; GAAP net income of $828 thousand, or $0.03 per diluted share. Successful closing of follow on public offering i... 
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02/01/17Kornit Digital Announces Date for Fourth Quarter and Full Year 2016 Earnings Results
ROSH-HA`AYIN, Israel, Feb. 01, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2016 on Tuesday, February 14, 2017 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Offic... 
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01/25/17Kornit Announces Pricing of Upsized Public Offering of Ordinary Shares
ROSH HA’AYIN, Israel, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced the pricing of a public offering of 7,500,000 ordinary shares at a price to the public of $16.50 per share. The offering was upsized from the previously announced public offering of 7,000,000 ordinary shares. Of the 7,500,000 ordinary shares, 2,000,000 shares are bei... 
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01/23/17Kornit Announces Launch of Public Offering of Ordinary Shares
ROSH HA’AYIN, Israel, Jan. 23, 2017 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a company that develops, designs and markets innovative digital printing solutions for the global printed textile industry, today announced the launch of a public offering of 7,000,000 ordinary shares. 2,000,000 of the shares are being offered by Kornit and 5,000,000 of the shares are being offered by shareholders of the company, substantially all by the company’s largest shareholder, Fortissimo Capital ... 
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01/11/17Kornit Digital Signs Agreement with Amazon
Kornit’s Digital Printing Technology Helps Amazon Expand Its On-Demand Production for Personalized Garment Decoration ROSH-HA`AYIN, Israel, Jan. 11, 2017 (GLOBE NEWSWIRE) -- Kornit Digital (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, announced today that following previous purchases by Amazon, it has been selected to deliver a large number of on-demand textile production systems to Amazon in support of the company’s Merch by Amazon program.  U.S. online ... 
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