Kornit Digital Expects Q3 2024 Revenues Of $48M-$52M Vs. $49.322M Consensus; Sees Adjusted EBITDA Margin Of 1% to 6%
Portfolio Pulse from Benzinga Newsdesk
Kornit Digital has provided its guidance for the third quarter of 2024, expecting revenues between $48 million and $52 million, slightly below the consensus of $49.322 million. The company also anticipates an adjusted EBITDA margin of 1% to 6%.
August 07, 2024 | 11:34 am
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Kornit Digital's Q3 2024 revenue guidance of $48M-$52M is slightly below the consensus estimate of $49.322M. The company also expects an adjusted EBITDA margin of 1% to 6%.
The revenue guidance is slightly below the consensus estimate, which could be seen as a minor negative. However, the adjusted EBITDA margin range indicates potential profitability, which may offset some concerns.
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