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Kornit Digital: 2Q Earnings Snapshot

ROSH-HA`AYIN, Israel (AP) _ Kornit Digital Ltd. (KRNT) on Monday reported second-quarter net income of $1.8 million.

The Rosh-Ha`ayin, Israel-based company said it had profit of 5 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 9 cents per share.

The digital textile printer posted revenue of $35.9 million in the period.

Kornit Digital shares have risen 19 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.20, a decrease of 2.5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRNT at https://www.zacks.com/ap/KRNT