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Kornit Digital Swings to Profit in Q1, Revenue Climbs

05/11/2021 03:32

07:20 AM EDT, 05/11/2021 (MT Newswires) -- Kornit Digital (KRNT) reported Tuesday Q1 adjusted earnings of $0.16 per diluted share compared to a loss of $0.22 per basic share a year ago. Analysts polled by Capital IQ expected $0.13 per share.

The digital textile printing technology company said revenue for the quarter ended March 31 was $66.1 million, compared with $26.2 million a year ago. The Street anticipated $62.7 million.

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