KRNT Stock Recent News

ROSH-HA`AYIN, Israel, March 28, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit Digital ” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Kornit Digital's audited financial statements, can be accessed at the SEC's website at http://www.sec.gov, as well as via the Company's investor relations website at https://ir.kornit.com/financial-information/sec-filings.

ROSH-HA`AYIN, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that Grunt Style – one of America's most recognized patriotic apparel brands – is making a bold move from analog screen printing to digital production with Kornit Apollo. This strategic shift provides Grunt Style the agility necessary to eliminate stock shortages, produce at record speeds, and meet demand with unmatched efficiency, all while supporting a commitment to high-quality, American-made apparel.

ROSH-HA'AYIN, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced that American Classics Apparel, Inc., a top wholesaler of licensed music, movie, and gaming apparel, is adopting the Kornit Apollo platform. This next-generation direct-to-garment powerhouse accelerates the company's shift from traditional screen printing to high-speed digital production – ensuring it can keep pace with the surging customer demand and rapid growth of the e-tailer marketplace.

Textile printing solutions provider Kornit Digital reported fourth quarter 2024 results in line with management's projections. Revenues of $60.7 million, gross margins of 55.1% and Adjusted EBITDA of $8.4 million all represented new recovery highs for the company. Free cash flow of $24.7 million was impressive. The company entered into a $75 million accelerated share repurchase program which is expected to be completed in June.

Kornit Digital Ltd. (NASDAQ:KRNT ) Q4 2024 Results Conference Call February 12, 2025 8:30 AM ET Company Participants Jared Maymon - Investor Relations Ronen Samuel - Chief Executive Officer Lauri Hanover - Chief Financial Officer Conference Call Participants Greg Palm - Craig Hallum Capital Group Brian Drab - William Blair James Ricchiuti - Needham & Company Troy Jensen - Cantor Fitzgerald Chris Moore - CJS Securities Tavy Rosner - Barclays Operator Greetings, and welcome to Kornit Digital Fourth Quarter and Full Year 2024 Earnings Conference Call.

Kornit Digital (KRNT) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.08 per share a year ago.

ROSH-HA`AYIN, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported its results for the fourth quarter and full year ended December 31, 2024.

ROSH-HA`AYIN, Israel, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (Nasdaq: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand, digital fashion and textile production technologies, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 12, 2025, prior to the market open.

Investors need to pay close attention to Kornit Digital (KRNT) stock based on the movements in the options market lately.

ROSH-HA'AYIN, Israel, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global leader in sustainable, on-demand digital fashion and textile production technologies, announced today that T-Shirt & Sons (TSS) – a prominent European apparel manufacturer based in the UK and the Netherlands and serving some of the largest e-commerce and retail brands - has adopted Kornit Apollo to further its transition from traditional screen printing to digital production. This addition to its Kornit MAX systems enables TSS to significantly expand production capacity, improve speed, and enhance time-to-market – all while maintaining the highest standards of quality.