ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $8.2 million in its first quarter.
The Rosh-Haayin, Israel-based company said it had a loss of 19 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 1 cent per share.
The digital textile printer posted revenue of $48.5 million in the period.
For the current quarter ending in June, Kornit Digital said it expects revenue in the range of $51 million to $55 million.
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