Kornit Digital Q3 Adj. EPS $(0.07) Beats $(0.08) Estimate, Sales $59.22M Miss $59.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kornit Digital (NASDAQ:KRNT) reported Q3 adjusted losses of $(0.21) per share, missing the analyst consensus estimate of $(0.08) by 162.5%. The company also reported quarterly sales of $59.22 million, missing the estimate of $59.91 million by 1.15%. This represents a 11.34% decrease over sales of $66.79 million the same period last year.
November 08, 2023 | 12:02 pm
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Kornit Digital's Q3 earnings missed estimates, with adjusted losses of $(0.21) per share and sales of $59.22 million.
Kornit Digital's Q3 earnings missed analyst estimates both in terms of EPS and sales. This underperformance is likely to negatively impact the company's stock in the short term.
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