For the first quarter of 2023, the Company expects revenues to be in the range of $47 million to $52 million and adjusted EBITDA margin between -27% to -35% of revenue. The guidance for revenue and adjusted EBITDA margin includes the impact of the non-cash expense associated with the fair value of the Company’s warrants. Prior to this period, the Company had not included such impact in its guidance and has changed its prior practice to align better with its reported metrics.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on KRNT:
- Kornit Digital Reports Fourth Quarter and Full-Year 2022 Results
- Kornit Digital price target lowered to $35 from $40 at Needham
- Kornit Digital Sets Fourth Quarter and Full Year 2022 Earnings Release Date and Webcast
- Kornit Digital initiated with an Equal Weight at Morgan Stanley
- Kornit Digital to Participate in 25th Annual Needham Growth Conference