If you’re interested in the fortunes and announcements of the larger players as a way of gauging the health and direction of the industry, then Kornit’s recent quarterly results will interest you. I’m only showing the unaudited results in USD per GAAP (Generally Accepted Accounting Principles). As we’ve ween in recent news reports from the US, monkeying around with non-GAAP financial reports is not a good idea.

  • 3rd quarter (Jul, Aug, Sep) revenues were $59.2 million versus $66.8 million the same quarter last year.
  • 3rd quarter loss was 8.2 million versus $19.0 million the same quarter last year.

We know that large-corporation finance and reporting can be complicated, but I don’t think anyone could be faulted for wondering why, if DTG is allegedly enjoying so much success, the primary manufacturer of DTG equipment isn’t massively profitable.

Anyway, it’s another of those things in the industry worth monitoring as a way of seeing which way the wind is blowing.