Kornit Digital KRNT reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:03 AM.
Here's what investors need to know about the announcement.
Earnings
Kornit Digital beat estimated earnings by 3.57%, reporting an EPS of $-0.27 versus an estimate of $-0.28.
Revenue was down $35.52 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 9.52% drop in the share price the next day.
Here's a look at Kornit Digital's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.10 | -0.15 | -0.32 | 0.15 |
EPS Actual | -0.13 | -0.21 | -0.31 | 0 |
Revenue Estimate | 67.38M | 68.52M | 62.27M | 87.81M |
Revenue Actual | 63.30M | 66.79M | 58.14M | 83.29M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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