Kornit Digital shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued Q3 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Kornit Digital reported worse-than-expected Q2 revenue results and issued Q3 revenue guidance below estimates, causing its shares to trade lower.
August 09, 2023 | 4:46 pm
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NEGATIVE IMPACT
Kornit Digital's shares are trading lower due to worse-than-expected Q2 revenue results and lower Q3 revenue guidance.
Kornit Digital's shares are trading lower as the company reported worse-than-expected Q2 revenue results and issued Q3 revenue guidance below estimates. This negative financial performance is likely to impact investor confidence and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100