Kornit Digital: Q1 Earnings Insights

Kornit Digital KRNT reported its Q1 earnings results on Wednesday, May 11, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Kornit Digital missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.15.

Revenue was up $17.17 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 0.97% increase in the share price the next day.

Here's a look at Kornit Digital's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.24	0.24	0.22	0.13
EPS Actual	0.13	0.24	0.22	0.16
Revenue Estimate	89.77M	89.60M	77.44M	62.82M
Revenue Actual	87.55M	86.67M	81.67M	66.12M

To track all earnings releases for Kornit Digital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.