Yahoo Finance

ROSH-HAAYIN, Israel (AP) — ROSH-HAAYIN, Israel (AP) — Kornit Digital Ltd. (KRNT) on Wednesday reported a loss of $5.1 million in its first quarter.

On a per-share basis, the Rosh-Haayin, Israel-based company said it had a loss of 11 cents. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.

The digital textile printer posted revenue of $46.5 million in the period.

For the current quarter ending in June, Kornit Digital said it expects revenue in the range of $49 million to $55 million.

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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