Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
IsraelIPO:
02 April 2015Website:
http://www.kornit.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:01:34 GMTDividend
Analysts recommendations
Institutional Ownership
KRNT Latest News
ROSH-HA`AYIN, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand digital fashion and textile production technologies, announced today that it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, prior to the market open.
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.
ROSH-HA`AYIN, Israel, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, announced today that Hybrid Digital, a division of Hybrid Apparel – an industry leading wholesaler of fashion licensed apparel and partner to major online retailers and wholesale retailers like Walmart, Target and Kohl's – is adding Kornit Apollo to its current Kornit Atlas MAX production lines. The expanded adoption will further the company's screen to digital transformation – key to leveraging digital production as its competitive edge and powering new customer expectations for rapid delivery.
Kornit Digital (KRNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
ROSH-HA`AYIN, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, announced today Monster Digital is significantly ramping up its digital production with 10 additional Kornit Apollo systems during 2025, expanding its on-going transition from screen printing to digital textile production.
ROSH-HA`AYIN, Israel, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, announced today the Company is further extending its relationship with DO Apparel – a full-service custom apparel company focusing on creative sports garments for major league teams across basketball, football and baseball. DO Apparel continues to embrace on-demand, digital production as a more effective alternative to screen printing, better suited to match the unique requirements of custom sports apparel such as jerseys, uniforms and t-shirts.
LAS VEGAS, Sept. 12, 2024 (GLOBE NEWSWIRE) -- PRINTING UNITED EXPO - Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, announced today one of the largest custom music and event merchandise providers in Germany is making its first move to digital by shifting production volumes from screen printing processes to digital production, with Kornit Digital. Print Palace Textildruck is adopting the award-winning Kornit Apollo production line to accelerate productivity and agility while improving unit economics for mid-sized production runs – without sacrificing quality.
LAS VEGAS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- PRINTING UNITED EXPO -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, announced today the Company is teaming with fashion pioneer OGAT - One Garment at a Time, a new brand launched by Pixartprinting, part of Cimpress (NASDAQ: CMPR), to power the future of fashion - today. The brand embraces Kornit's award-winning direct-to-fabric technology alongside advanced product creation and logistics workflows, to set new standards for fashion, challenging outdated production models with innovative on-demand solutions.
LAS VEGAS, Sept. 10, 2024 (GLOBE NEWSWIRE) -- PRINTING UNITED EXPO 2024 – Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit” or the “Company”), a worldwide market leader in sustainable, on-demand, digital fashion and textile production technologies, today announced that Custom Ink, the online leader for custom wearables and other swag for organizations, groups, and communities, has chosen Kornit technology to bolster its production capabilities. By transitioning a significant share of its printing from screen to digital direct-to-garment production, Custom Ink is supporting the growth of its business while accelerating its digital transition through a sustainable printing technology and providing customers with the highest-quality custom apparel, gear, and swag.
Kornit Digital reported a mixed second quarter of 2024 as the company continues to experience macroeconomic headwinds with resulting delays in system purchase commitments by customers. Following a series of restructuring transactions, margins, and cash flows have improved substantially in recent quarters. The company's balance sheet remains impressive with $554.4 million in cash and liquid investments as well as no debt.
What type of business is Kornit Digital?
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services. The company's products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and system upgrade kits, maintenance and support, consulting, and professional services. It serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh Haayin, Israel.
What sector is Kornit Digital in?
Kornit Digital is in the Industrials sector
What industry is Kornit Digital in?
Kornit Digital is in the Specialty Industrial Machinery industry
What country is Kornit Digital from?
Kornit Digital is headquartered in Israel
When did Kornit Digital go public?
Kornit Digital initial public offering (IPO) was on 02 April 2015
What is Kornit Digital website?
https://www.kornit.com
Is Kornit Digital in the S&P 500?
No, Kornit Digital is not included in the S&P 500 index
Is Kornit Digital in the NASDAQ 100?
No, Kornit Digital is not included in the NASDAQ 100 index
Is Kornit Digital in the Dow Jones?
No, Kornit Digital is not included in the Dow Jones index
When was Kornit Digital the previous earnings report?
No data
When does Kornit Digital earnings report?
The next expected earnings date for Kornit Digital is 06 November 2024