Kornit Digital is hosting its “Fashion is Choosing On-Demand” investor event in Las Vegas, in conjunction with its participation in PRINTING United Expo 2024. The Company will highlight its market opportunities, showcase its technology, outline its go-to-market strategy, and detail its long-term financial goals. Ronen Samuel, Kornit’s Chief Executive Officer, said “Kornit has a tremendous opportunity to lead in the digital transformation of the textile industry. Brands and retailers need agility, and our solutions are perfectly aligned with these demands. With the addition of our innovative AIC model, and our revamped go-to-market, we are confident that Kornit is well positioned to deliver value to our customers, shareholders, and employees…Through the end of the decade, we are targeting double-digit growth, meaningful recurring revenue contribution from the AIC model, and strong improvements to profitability. Today, we also announced an additional $100 million share repurchase program, demonstrating our conviction in our vision and commitment to shareholder value.”
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