KRNT Earnings Prediction
The chart below shows how KRNT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KRNT sees a -1.26% change in stock price 10 days leading up to the earnings, and a +0.67% change 10 days following the report. On the earnings day itself, the stock moves by +2.36%. This data can give you a slight idea of what to expect for the next quarter's release.
KRNT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
60.70M
7.27%
19.64%
Gross Margin
53.04%
15.10%
11.15%
Operating Margin
-0.06%
-99.61%
-99.57%
Net Margin
3.65%
109.01%
-303.91%
EPS
0.05
110.42%
-350.00%
No Data Available
KRNT Earnings Analysis
Kornit Digital Ltd Corporation (KRNT.O) Earnings Conference Call
Positive
Q4 Revenue Growth: Q4 2024 revenues reached $60.7 million, reflecting a year-over-year growth of 7%, driven by increased system sales and revenue from the AIC model.
Q4 Adjusted EBITDA Improvement: Adjusted EBITDA for Q4 2024 was $8.4 million, a significant improvement from $0.2 million in Q4 2023, resulting in an adjusted EBITDA margin of 13.8%.
Adjusted EBITDA Improvement: For the full year 2024, adjusted EBITDA improved to $0.3 million from a negative $30.9 million in 2023, marking a $31.2 million year-over-year improvement.
Operating Cash Flow Surge: Operating cash flow for Q4 2024 was $26.7 million, a substantial increase from $2.6 million in the same period last year, contributing to a full year operating cash flow of $48.7 million compared to negative $34.7 million in 2023.
Share Repurchase Commitment: Kornit executed $75 million of its $100 million share repurchase program during 2024, demonstrating a commitment to returning value to shareholders.
Negative
Earnings Performance Shortfall: Kornit Digital Ltd. reported Q4 2024 EPS of $0.18, missing expectations of $0.21, indicating a shortfall in earnings performance.
Revenue Decline Analysis: For the full year 2024, revenues declined to $203.8 million from $219.8 million in 2023, reflecting a decrease in system and service sales despite some growth in consumables.
Adjusted EBITDA Performance: Adjusted EBITDA for the full year 2024 was only $0.3 million, a minimal improvement from negative $30.9 million in 2023, highlighting ongoing profitability challenges.
Revenue Projections and EBITDA Margin: The first quarter of 2025 is projected to have revenues between $45.5 million and $49.5 million, with an adjusted EBITDA margin expected to be in the negative range of 4% to 9%, indicating continued financial pressure.
Operating Expenses Decrease: Operating expenses for Q4 2024 were $28 million, a decrease from $30.1 million in the same period last year, but still reflect the impact of restructuring efforts rather than organic growth.
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KRNT Earning Call Sentiment
Kornit Digital Ltd. (NASDAQ:KRNT) Q4 2024 Earnings Call Transcript
KRNT.O
6.06%Positive
The earnings call indicates strong financial performance with significant improvements in gross margin, operating cash flow, and adjusted EBITDA. The introduction of new products and strategic partnerships, along with a successful share repurchase program, contribute positively. Despite a decline in full-year revenue, the optimistic guidance and positive Q&A insights suggest a promising outlook. The lack of specific long-term growth numbers is a minor concern, but the overall sentiment is positive, likely leading to a stock price increase of 2% to 8%.
