Kornit Digital Q2 Adj. EPS $(0.15) Beats $(0.21) Estimate, Sales $56.20M Miss $56.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kornit Digital (NASDAQ:KRNT) reported Q2 adjusted EPS of $(0.15), beating the estimate of $(0.21) by 28.57%. However, the company's sales of $56.20M missed the estimate of $56.75M by 0.97%. This represents a 51.61% increase in losses from the same period last year and a 3.33% decrease in sales.
August 09, 2023 | 11:00 am
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Kornit Digital's Q2 results showed a mixed performance with EPS beating estimates but sales missing. This could lead to mixed market reactions.
Kornit Digital's Q2 results showed a mixed performance. While the EPS beat estimates, indicating improved profitability, the sales missed estimates, suggesting lower than expected revenue. This could lead to mixed market reactions as investors weigh the improved profitability against the lower revenue.
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