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ROSH-HA’AYIN, Israel – November 2023 – Kornit Reports Reports Quarter Ending Sept 2023
Sales: $59.2 Million vs $66.8 Million Q3 2022 – Down 11%
Earnings: ($8.2 Million) vs ($19 Million) Q3 2022 – Losses Decreased by 57%
Printing News: Kornit stated, “Consumables sales grew year-over-year and system sales improved sequentially as orders were converted from ITMA. Further growth is expected in direct-to-fabric solutions, resulting in one of the strongest quarters for Presto system sales. Interest in our Atlas MAX Poly system has also been robust, especially in the sports and athleisure market.”
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