Kornit Digital (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
