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Kornit Digital - KRNT STOCK NEWS

Welcome to our dedicated page for Kornit Digital news (Ticker: KRNT), a resource for investors and traders seeking the latest updates and insights on Kornit Digital stock.

Overview of Kornit Digital

Kornit Digital (symbol: KRNT) is a global pioneer in digital textile printing, specializing in sustainable, on-demand production solutions for the garment, apparel, and fabric industry. With advanced digital printing systems that enable high-quality, direct-to-garment (DTG) and direct-to-fabric (DTF) production, Kornit Digital leverages integrated pretreatment solutions and innovative neopigment inks to meet the evolving demands of designers and manufacturers worldwide. Industry-specific keywords such as sustainable printing, digital textile innovation, and on-demand production are at the core of its value proposition.

Core Business and Technology

Kornit Digital develops, manufactures, and markets end-to-end digital printing solutions that are tailored for the printed textile industry. Its product portfolio encompasses a range of digital printing systems, specialized inks, associated consumables, and dedicated software solutions that streamline the printing process. By focusing on both DTG and DTF segments, the company provides versatile and scalable printing technologies. This enables manufacturers to produce short-run, complex designs directly on finished garments and fabrics efficiently. Kornit Digital is known for its innovative approach in transforming the digital textile production process, thereby reducing material waste and energy consumption while offering superior print quality.

Business Model and Revenue Streams

The company operates on a comprehensive business model that combines direct sales of digital printing systems with a recurring revenue stream from consumables, inks, and value-added services. Its revenue model is supported by the sale of hardware, proprietary neopigment inks, and software subscriptions, which collectively facilitate seamless digital textile printing processes. This integrated approach not only caters to the immediate needs of manufacturers and designers but also fosters long-term customer relationships as partners seek to optimize production workflows and enhance product offerings.

Global Market Presence and Competitive Positioning

With a robust international network, Kornit Digital serves customers in more than 100 countries across key regions including the United States, EMEA, Asia Pacific, and India. Its global footprint is supported by dedicated offices and proficient regional teams that provide localized support and expertise. In a competitive landscape where both traditional textile printing and emerging digital technologies converge, Kornit Digital distinguishes itself by offering sustainable, high-speed, and versatile digital print solutions that set a benchmark for quality and efficiency. This strategic positioning reinforces its status as a significant player in the digital textile printing industry.

Innovation and Operational Efficiency

Innovation is woven into the fabric of Kornit Digital's operations. The company's continuous focus on research and development has resulted in groundbreaking advancements that enable printing with a single ink set on various fabric types. This capability significantly simplifies production processes and reduces operational complexities for manufacturers. By integrating sophisticated software with its hardware, Kornit Digital ensures that production can scale rapidly without compromising on quality. Its technology aids in lowering production costs, minimizing waste, and shortening turnaround times, thereby strengthening the value chain for its customers.

Industry-Specific Capabilities and Customer-Centric Approach

Kornit Digital is uniquely positioned to serve both the creative and manufacturing sides of the textile industry. Designers benefit from the ability to produce intricate and complex imagery with high resolution, while manufacturers receive a reliable and cost-effective solution to meet on-demand production needs. The company's commitment to quality and efficiency is reflected in its emphasis on sustainability and operational excellence. By continually refining its processes and expanding its technological capabilities, Kornit Digital helps its customers maintain a competitive edge in a rapidly evolving market.

Comprehensive Service and Support Ecosystem

The operational model of Kornit Digital goes beyond providing state-of-the-art printing solutions. It fosters a full-service ecosystem that includes customer support, technical training, software updates, and maintenance services. This extensive support network ensures that users can maximize the performance and longevity of their digital printing systems. The company’s dedication to customer service and experience reinforces its credibility and trustworthiness in the industry, making it a preferred partner for businesses looking to modernize and optimize their textile production processes.

Key Differentiators and Market Significance

What sets Kornit Digital apart is its relentless drive to merge technical innovation with sustainable practices. The company's integrated digital printing solutions are not only technologically advanced but also environmentally conscious, aligning with global trends towards sustainable production. Despite operating in a competitive market, Kornit Digital’s comprehensive portfolio and internationally recognized brand have enabled it to remain at the forefront of the textile printing revolution. Its ability to adapt to a variety of fabric types, streamline production processes, and offer end-to-end digital solutions underscores its importance in today’s fashion and textile sectors.

Summary

In summary, Kornit Digital exemplifies sustainable innovation in digital textile printing by offering complete, integrated solutions that cater to both creative design and efficient manufacturing. With a strong global presence, a multifaceted revenue model, and a continuous drive for technological improvement, the company serves as a cornerstone in the printed textile industry. Its focus on environmental sustainability, operational excellence, and customer-centric service encapsulates the essence of modern digital manufacturing in the textile sector.

  • Digital Printing Systems: Advanced technology for high-quality, short-run production.
  • Neopigment Inks: Specially formulated inks that provide consistent quality and durability.
  • Integrated Solutions: Combining hardware, consumables, and software for streamlined operations.
  • Sustainable Manufacturing: Emphasis on reducing waste and improving efficiency.
  • Global Outreach: Comprehensive presence in key markets across the globe.
Rhea-AI Summary
Kornit Digital Ltd. (KRNT) reports Q3 revenues of $59.2 million, in line with guidance. GAAP net loss of $8.2 million; non-GAAP net loss of $3.4 million. System sales increased quarter-over-quarter. Company operations in Israel remain stable. Q4 revenue expected to be $55-60 million. Adjusted EBITDA margin between -6% to 0%.
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Kornit Digital Ltd. will release its financial results for Q3 2023 on November 8, 2023. The company will host an earnings conference call and webcast to review the results and operations.
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Kornit Digital announces its success at ITMA Milan 2023 and introduces digital supply chain solutions at PRINTING United Expo 2023.
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Kornit Digital to conduct one-on-one meetings at Citi's Global Technology Conference
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Kornit Digital issues Impact Report for 2022, highlighting progress in sustainability and diversity goals.
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Kornit Digital Ltd. (Nasdaq: KRNT) reported second quarter revenues of $56.2 million, in line with previous guidance. The company issued third-annual Impact Report highlighting progress on its long-term impact strategy and reaffirming commitment to a more sustainable fashion and textiles industry. The successful ITMA tradeshow in Milan secured high-quality leads and provided a healthy pipeline for 2024 and beyond. Despite lower systems revenues, Kornit's double-digit year-over-year impressions and consumables growth across all regions are driving steady improvement in capacity utilization and strong revenue growth. The company expects revenues for the third quarter of 2023 to be in the range of $58 million to $62 million, with an adjusted EBITDA margin between -6% to -13% of revenue.
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Kornit Digital successfully concluded its exhibition at ITMA 2023, experiencing high volumes of engagement with new customers from key regions. Brands and retailers are digitally transforming analog supply chains with sustainable on-demand solutions. Kornit's new products and innovations reaffirm its market leadership in sustainable digital textile decoration.
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Kornit Digital announces enhancements to the Presto MAX system for digital fabric decoration on demand. The solution offers breakthrough capabilities for transforming virtual concepts into custom fabrics and introduces white printing on colored fabrics. The new NeoPigment™ Vivido ink set achieves darker blacks and vivid colors with reduced ink laydown. The solution aims to address sustainability challenges in the fashion industry and allows producers to create more with less.
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FAQ

What is the current stock price of Kornit Digital (KRNT)?

The current stock price of Kornit Digital (KRNT) is $17.79 as of April 22, 2025.

What is the market cap of Kornit Digital (KRNT)?

The market cap of Kornit Digital (KRNT) is approximately 875.3M.

What is the core business of Kornit Digital?

Kornit Digital develops, manufactures, and markets digital printing solutions specifically for the textile, garment, and apparel industries. Its portfolio includes printing systems, inks, consumables, and integrated software solutions.

What differentiates Kornit Digital in the textile printing market?

Kornit Digital stands out due to its integrated approach combining hardware, neopigment inks, and software, as well as its focus on sustainable, on-demand production, which streamlines operations and reduces waste.

How does Kornit Digital generate revenue?

The company generates revenue through direct sales of its digital printing systems, recurring sales of consumables and specialized inks, and through value-added services including software subscriptions and support services.

In which markets does Kornit Digital operate?

Kornit Digital has a global presence, serving customers in key regions such as the United States, EMEA, Asia Pacific, and India, and its solutions are used in over 100 countries around the world.

What technologies are central to Kornit Digital's offerings?

The company focuses on advanced digital printing systems that facilitate both direct-to-garment (DTG) and direct-to-fabric (DTF) printing, supported by innovative neopigment ink technology and robust software solutions.

Who are the primary customers of Kornit Digital?

Its customer base primarily consists of textile manufacturers and garment designers who require versatile, high-quality, and efficient digital printing solutions to handle complex, short-run productions.

How does Kornit Digital ensure operational efficiency?

By integrating its digital printing technology with comprehensive software and support services, Kornit Digital simplifies production workflows, reduces material waste, and shortens turnaround times, enabling efficient operations across diverse manufacturing environments.
Kornit Digital

Nasdaq:KRNT

KRNT Rankings

KRNT Stock Data

875.27M
45.24M
0.19%
100.75%
1.5%
Specialty Industrial Machinery
Industrials
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Israel
Rosh Haayin