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Kornit Digital reports revenues of $57.4 million in Q3

  

Kornit Digital reported revenues of $57.4 million in its third quartercompared to $47.3 million, net of $2.4 million attributed to the non-cash impact of warrants in the prior year period.

The company posted a net profit of 21.4 percent year-over-year in the quarter. Its GAAP net income for the third quarter of 2020 was $3.9 million, or $0.09 per diluted share, compared to net income of $4.7 million, or $0.11 per diluted share, for the third quarter of 2019.

Non-GAAP net income for the third quarter of 2020 was $7.7 million, or $0.18 per diluted share, including $0.05 per diluted share attributed to the non-cash impact of warrants, compared to non-GAAP net income of $6.6 million, or $0.16 per diluted share, net of $0.05 per diluted share attributed to the non-cash impact of warrants, for the third quarter of 2019.

 
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