ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $22.9 million in its fourth quarter.
The Rosh-Haayin, Israel-based company said it had a loss of 48 cents per share. Earnings, adjusted for one-time gains and costs, came to 8 cents per share.
The digital textile printer posted revenue of $56.6 million in the period.
For the year, the company reported a loss of $64.4 million, or $1.31 per share. Revenue was reported as $219.8 million.
For the current quarter ending in March, Kornit Digital said it expects revenue in the range of $43 million to $48 million.
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