Kornit Digital Q3 Earnings Surpass Estimates, Revenue Beats Consensus

Kornit Digital (KRNT) reported Q3 earnings of $0.09 per share, surpassing the Zacks Consensus Estimate of $0.04 per share. Revenues were $53.13 million, beating the consensus estimate by 2.61%. The company has topped consensus revenue estimates three times over the last four quarters. Shares have lost 56.9% so far this year. The Zacks Rank is #3 (Hold), indicating the shares are expected to perform in line with the market in the near future.