Mark your calendars for Wednesday 6th November 2024, as Kornit Digital Ltd. (NASDAQ: KRNT) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
According to predictions from financial analysts on Wall Street, the company is expected to report an estimated per share $0.07 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $50.47 million during this period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $202.48 million. They also predict that throughout the course of the fiscal year, the business will make about profit of $0.17 per share.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share loss of $0.07. Notably, the company's total revenue reached an impressive $59.22 million during that specific period.
The business has scheduled a conference call on 6th November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
The previous trading day saw Kornit Digital Ltd. (KRNT) shares trading between $22.49 and $23.32, besides a volume of 319.40 thousand shares. The stock closed Friday's regular trading session at $23.03, indicating 0.61 percent upturn.