Kornit Digital Reports Fourth Quarter and Full Year 2023 Results
GAAP gross profit margin for the fourth quarter of 2023 was 25.8% compared with 33.7% in the prior year period.
- GAAP gross profit margin for the fourth quarter of 2023 was 25.8% compared with 33.7% in the prior year period.
- GAAP operating expenses for the fourth quarter of 2023 were $42.4 million compared with $38.1 million in the prior year period.
- Adjusted EBITDA for the fourth quarter of 2023 was $0.2 million compared with adjusted EBITDA loss of $6.1 million for the fourth quarter of 2022.
- Adjusted EBITDA margin for the fourth quarter of 2023 was 0.3% compared with -9.6% for the fourth quarter of 2022.