Kornit Digital (NASDAQ:KRNT) reported its Q2 earnings results on Wednesday, August 10, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Kornit Digital (NASDAQ:KRNT) reported quarterly losses of $(0.31) per share which beat the analyst consensus estimate of $(0.32) by 3.13 percent. This is a 240.91 percent decrease over earnings of $0.22 per share from
Gainers
Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares climbed 75.2% to close at $2.19 after the company announced it has developed a non-invasive blood sensor designated to alert real-time change in patients' clinical condition.
Kornit Digital Ltd. (NASDAQ: KRNT) shares are trading lower after the company issued preliminary Q2 sales guidance below estimates. Multiple analysts also lowered their price targets on the stock.
U.S. stocks traded higher toward the end of trading, following the release of minutes from the recent Federal Reserve meeting, which suggest inflation remains the central bank's top priority. The country's central bank reiterated its prior intentions to do whatever it takes to bring inflation down.
U.S. stocks turned lower midway through trading, with the Dow Jones dropping more than 150 points on Wednesday. Investors are awaiting minutes from the recent Federal Reserve meeting.
Gainers
Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares surged 69.5% to $2.1199 after the company announced it has developed a non-invasive blood sensor designated to alert real-time change in patients' clinical condition.
U.S. stocks traded slightly higher this morning, with the Dow Jones gaining more than 50 points on Wednesday. Investors are awaiting minutes from the recent Federal Reserve meeting.