2016 Financial Press Releases


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12/28/16Kornit Digital to Present at Upcoming Investor Conferences
ROSH-HA`AYIN, Israel, Dec. 28, 2016 (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 present at two investor conferences during the month of January. On January 9 and 10, 2017, Gabi Seligsohn, the Company’s Chief Executive Officer and Guy Avidan, the Company’s Chief Financial Officer will be available for one-on-one meetings ... 
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11/09/16Kornit Digital Reports 2016 Third Quarter Results
Highlights Third quarter 2016 sales of $30.9 million, an increase of 40.3% over the prior-year Third quarter GAAP operating income of $0.7 million, compared to $2.2 million in Third quarter 2015 Third quarter Non-GAAP operating income of $3.9 million, up 28.9% year-over-year Third quarter GAAP operating margin of 2.1% of sales Non-GAAP operating margin of 12.5% of sales; ahead of company guidance range Third quarter GAAP earning per diluted share of $0.01; Non-GAAP earnings... 
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10/26/16Kornit Digital Announces Date for Third Quarter 2016 Earnings Results
ROSH-HA`AYIN, Israel, Oct. 26, 2016 (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, 2016 on Wednesday, November 9, 2016 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Officer, will host... 
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08/29/16Kornit Digital to Present at the 2016 Citi Global Technology Conference
ROSH-HA`AYIN, Israel, Aug. 29, 2016 (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 2016 Citi Global Technology Conference on Tuesday, September 6, 2016 at 11:45 a.m. ET in New York City. Mr. Avidan will be available on September 6th and 7th, 2016 for one-on-one meetings.... 
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08/02/16Kornit Digital Reports 2016 Second Quarter Results
Highlights Second quarter 2016 revenues of $24.0 million, an increase of 12.6% over the prior-year period. Second quarter GAAP net loss of $0.1 million, or net loss of less than $0.01 per diluted share. Second quarter non-GAAP net income of $0.7 million, or $0.02 per diluted share. GAAP gross margin of 48.8%, an increase of 172 basis points over the prior year. Non-GAAP gross margin of 49.5%, an increase of 187 basis points over the prior year. Completed the acquisition of ... 
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07/25/16Kornit Digital Announces Date for Second Quarter 2016 Earnings Results
ROSH-HA`AYIN, Israel, July 25, 2016 (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, 2016 on Tuesday, August 2, 2016 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Officer, will host a confe... 
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07/25/16Kornit Digital to Present at the 2016 Canaccord Genuity Growth Conference
ROSH-HA'AYIN, Israel, July 25, 2016 (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, and Guy Avidan, the Company’s Chief Financial Officer, will present at the 2016 Canaccord Genuity Growth Conference on Wednesday, August 10, 2016 at 10:30 a.m. ET in Boston, Massachusetts. Mr. Seligsohn a... 
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07/01/16Kornit Digital acquires the digital direct to garment printing assets of a North American distributor, SPSI
Strategic move will enhance Kornit’s access to the North American market and drive increased customer intimacy ROSH-HA'AYIN, Israel, July 01, 2016 (GLOBE NEWSWIRE) -- Kornit Digital (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, has announced the acquisition of the digital direct to garment printing assets of SPSI, Inc., a leading North American distributor and service provider for graphic arts, printing and garment decoration solutions. Kornit believes the a... 
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06/28/16Kornit Digital Announces New Chief Technology Officer and Retirement of Current CTO
ROSH-HA`AYIN, Israel, June 28, 2016 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a leading provider of digital printing solutions for the global printed textile industry, today announced the retirement of Ofer Ben-Zur as the Company’s Chief Technology Officer (CTO) and the appointment of a new CTO, Dr. Nuriel Amir, Ph.D. Mr. Ben-Zur, who founded Kornit Digital in 2002, will continue to serve on Kornit’s Board of Directors. He will also remain with the Company in a consulting capacity... 
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06/01/16Kornit Digital to Present at Upcoming Investor Conferences
ROSH-HA`AYIN, Israel, June 01, 2016 (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 present at two investor conferences during the month of June. On Tuesday, June 7, 2016, Gabi Seligsohn, the Company’s Chief Executive Officer, will present at the Stifel 2016 Technology, Internet, and Media Conference at 2:25 p.m. PT in San F... 
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05/03/16Kornit Digital Reports 2016 First Quarter Results
Highlights First quarter 2016 revenues of $21.8 million, an increase of 24.0% over the prior-year First quarter GAAP net loss of $0.2 million, or net loss of $0.01 per diluted share First quarter non-GAAP net income of $0.6 million, or $0.02 per diluted share Non-GAAP gross margin of 48.7%; an increase of 300 basis points over the prior year Company presented Storm Hexa at FESPA; resulting in multiple orders Initial Allegro orders from customers in Asia and Latin America ... 
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04/29/16Kornit Digital Announces Organizational Changes
ROSH-HA`AYIN, Israel, April 29, 2016 (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 Gilad Yron has been named Executive Vice President of Global Business, effective May 1st, 2016. Mr. Yron will succeed Sarel Ashkenazy, currently Executive Vice President of Sales, who will be leaving the Company to pursue other opportunities. Mr. Ashkenazy will... 
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04/19/16Kornit Digital Announces Date for First Quarter 2016 Earnings Results
ROSH-HA`AYIN, Israel, April 19, 2016 (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, 2016 on Tuesday, May 3, 2016 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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04/15/16Buck Kim appointed as President of Kornit Digital Asia Pacific
Kim succeeds Eyal Manzoor effective April 2016; will focus organization on customer centricity and continued growth April 15, 2016 – Kornit Digital, (NASDAQ: KRNT), a global market leader in digital textile printing technology, has announced that Mr. Buck Kim has been appointed as President of Kornit Digital’s Asia-Pacific region.  In this capacity, Mr. Kim will oversee all of Kornit Digital’s operations in his territories. He follows Eyal Manzoor who was recently appointed as Preside... 
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04/14/16Kornit Digital Announces Availability of Its Annual Report on Form 20-F Through Its Website
Rosh-Ha`Ayin, Israel – April 14, 2016  – Kornit Digital Ltd. (NASDAQ:KRNT), a leading provider of digital printing  solutions for the global printed textile industry, today announced that its  annual report on Form 20-F, as amended, containing audited consolidated financial statements for the year ended December 31, 2015, as filed with the  Securities and Exchange Commission, is available through its website  (http://www.kornit.com). Shareholders may receive a hard copy ... 
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04/14/16Kornit Digital Announces Availability of Its Annual Report on Form 20-F Through Its Website
ROSH-HA`AYIN, Israel, April 14, 2016 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ:KRNT), a leading provider of digital printing solutions for the global printed textile industry, today announced that its annual report on Form 20-F, as amended, containing audited consolidated financial statements for the year ended December 31, 2015, as filed with the Securities and Exchange Commission, is available through its website (http://www.kornit.com). Shareholders may receive a hard copy of the annu... 
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02/09/16Kornit Digital Reports 2015 Fourth Quarter and Year End Results
Highlights Fourth quarter 2015 sales of $25.5 million, an increase of 35.1% over the prior-year; Full Year 2015 sales of $86.4 million, an increase of 30.2%.  Fourth quarter non-GAAP net income of $3.2 million, or $0.10 per diluted share; GAAP net income of $2.1 million, or $0.07 per diluted share Full year non-GAAP net income of $9.4 million, or $0.35 per diluted share; GAAP net income of $4.7 million, or $0.18 per diluted share. Allegro sales accelerate in second half of 2015, ... 
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02/01/16Kornit Digital Announces Date for Fourth Quarter and Full Year 2015 Earnings Results
ROSH-HA`AYIN, Israel, Feb. 01, 2016 (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, 2015 on Tuesday, February 9, 2016 after the market closes. Gabi Seligsohn, the Company’s Chief Executive Officer, and Guy Avidan, the Company’s Chief Financial Officer,... 
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01/11/16Kornit Digital Releases Updated Investor Presentation
ROSH-HA`AYIN, Israel, Jan. 11, 2016 (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 filing of a Form 6-K with the U.S. Securities and Exchange Commission (the “SEC”), relating to the release of an updated investor presentation.  The presentation is also available on Kornit’s investor relations website under the Events and Presentations tab. G... 
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