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ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported net income of $2.2 million in its fourth quarter.
The Rosh-Haayin, Israel-based company said it had net income of 5 cents per share. Earnings, adjusted for one-time gains and costs, were 18 cents per share.
The digital textile printer posted revenue of $60.7 million in the period.
For the year, the company reported a loss of $16.8 million, or 35 cents per share. Revenue was reported as $203.8 million.
For the current quarter ending in March, Kornit Digital said it expects revenue in the range of $45.5 million to $49.5 million.
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