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Kornit Digital (KRNT)
NASDAQ:KRNT
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.11Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -12.28%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Kornit Digital's successful return to profitability, strong cash flow, and the positive reception of the Apollo platform, alongside innovative product launches and market expansion. However, these were tempered by a decline in full-year revenue, macro-economic uncertainties, and a cautious Q1 2025 outlook.Company Guidance
During the Kornit Digital Q4 and full year 2024 earnings call, the company reported a Q4 revenue of $60.7 million and an adjusted EBITDA margin of 13.8%, both within their guidance ranges. The full year 2024 revenues were $203.8 million, a decrease from the $219.8 million in 2023, primarily due to lower system and service sales, partially offset by growth in consumables. The company achieved significant milestones, including positive EBITDA for the year and substantial operating cash flow of $26.7 million in Q4. Kornit introduced industry-defining solutions like Apollo, Atlas MAX Plus, and Vivido Ink roll-to-roll, which have been well-received in the market. The company executed $75 million of its $100 million share repurchase program in 2024, with plans to complete it by mid-2025. Looking forward to 2025, Kornit aims for profitable growth and plans to deliver 30 Apollo systems, emphasizing innovation, customer success, and disciplined financial management.Return to Profitability
Kornit Digital successfully returned to positive EBITDA with an adjusted EBITDA margin of 13.8% in Q4 2024, marking a significant improvement from the same period last year.
Strong Cash Flow
The company reported $26.7 million in operating cash flow for Q4 2024, contributing to a total of $48.7 million for the full year, compared to negative $34.7 million in 2023.
Apollo Platform Success
15 Apollo systems were delivered in 2024, with performance exceeding expectations and strong customer satisfaction, leading to plans to deliver 30 systems in 2025.
Innovative Solutions and Market Expansion
Introduced new products like Apollo, Atlas MAX Plus, and Vivido Ink, and expanded into bulk apparel, footwear, and home decor markets.
Shareholder Value Initiatives
Executed $75 million of a $100 million share repurchase program, expected to complete by mid-2025.
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KRNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KRNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $29.15 | $29.16 | +0.03% |
| Nov 06, 2024 | $24.23 | $29.40 | +21.34% |
| Aug 07, 2024 | $14.31 | $17.21 | +20.27% |
| May 08, 2024 | $16.67 | $15.18 | -8.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kornit Digital (KRNT) report earnings?
Kornit Digital (KRNT) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Kornit Digital (KRNT) earnings time?
Kornit Digital (KRNT) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KRNT EPS forecast?
KRNT EPS forecast for the fiscal quarter 2025 (Q1) is -0.04.
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