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Kornit Digital KRNT reported its Q2 earnings results on Wednesday, August 10, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Kornit Digital beat estimated earnings by 3.13%, reporting an EPS of $-0.31 versus an estimate of $-0.32.
Revenue was down $23.57 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 4.97% increase in the share price the next day.
Here’s a look at Kornit Digital’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.24 | 0.24 | 0.22 |
| EPS Actual | 0 | 0.13 | 0.24 | 0.22 |
| Revenue Estimate | 87.81M | 89.77M | 89.60M | 77.44M |
| Revenue Actual | 83.29M | 87.55M | 86.67M | 81.67M |
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.
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Image and article originally from www.benzinga.com. Read the original article here.