NewzROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $11.2 million in its second quarter. On a per-share basis, the Rosh-Haayin, Israel-based company said it had a loss of 26 cents.
Earnings, adjusted for non-recurring costs and stock option expense, were 4 cents per share. The digital textile printer posted revenue of $55.3 million in the period. For the current quarter ending in September, Kornit Digital said it expects revenue in the range of $55 million to $60 million.
_____ 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 Source GIVATAYIM, Israel (AP) — GIVATAYIM, Israel (AP) — Similarweb Ltd.
(SMWB) on Wednesday reported a loss of $3.6 million in its second quarter. On a per-share basis, the Givatayim, Israel-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, were 6 cents per share.
The digital intelligence company posted revenue of $77.2 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $75.5 million. For the current quarter ending in September, Similarweb said it expects revenue in the range of $80.5 million to $82.5 million.
The company expects full-year revenue in the range of $314 million to $318 million. Access a Zacks stock report on SMWB at https://www.zacks.com/ap/SMWB Source
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