Kornit Digital Appoints Andrew Backman as Chief Capital Markets Officer
Kornit Digital (KRNT) announced the appointment of Andrew Backman as Chief Capital Markets Officer. In this role, Backman will support Kornit's capital markets activities, investor relations, and corporate and business development initiatives. Backman, who will be based at the Company's U.S. Headquarters in Englewood, New Jersey, has extensive capital markets and investor relations experience, participating in more than $30B in capital markets transactions, and maintaining long-standing relationships with institutional investors, sell-side analysts, and global investment banking partners. Backman recently served as Global Head of Investor Relations at EMCOR Group (EME). He previously served as Kornit's Global Head of Investor Relations from 2021 to 2023.
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Kornit Digital to Release Q4 and Full Year 2025 Financial Results on February 11
- Earnings Release Schedule: Kornit Digital will announce its Q4 and full year 2025 financial results on February 11, 2026, prior to market open, providing investors with critical performance metrics and future outlook.
- Conference Call Details: The company will host an earnings conference call at 8:30 AM ET on the same day to review financial results and operational insights, enhancing investor confidence in the company's future growth.
- Replay Information: Investors can access a replay of the conference call via the company's website or designated phone numbers, ensuring that those unable to participate live can still obtain important information, thereby increasing transparency.
- Global Market Leadership: Kornit Digital is a global leader in sustainable digital fashion and textile production technologies, serving customers in over 100 countries, showcasing its significant impact and innovative capabilities within the industry.
Kornit Digital CFO Lauri Hanover Steps Down, Assaf Zipori to Take Over; Company Plans $100 Million Stock Buyback
CFO Transition: Kornit Digital's CFO Lauri Hanover has resigned for personal reasons, with Assaf Zipori appointed as her successor, effective mid-December 2025.
Stock Repurchase Authorization: The company has been authorized to repurchase up to $100 million of its common stock, adding to the $165 million already repurchased in 2023.
Market Performance: In pre-market trading, Kornit Digital's shares rose by 1.65%, reaching $12.91 on the Nasdaq.
Author's Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Kornit Digital Reveals CFO Change and Initiates $100 Million Stock Buyback Program
CFO Transition: Kornit Digital's CFO Lauri Hanover will resign for personal reasons but will remain until mid-December 2025 to ensure a smooth transition to incoming CFO Assaf Zipori, who previously served as Global CFO of Nano Dimension.
Share Repurchase Program: Kornit Digital announced a new share repurchase authorization of up to $100 million, reflecting its strong financial position and ongoing capital-allocation strategy, following $165 million in buybacks since 2023.
Zimmer Biomet Analyst Changes Stance; Check Out Thursday's Top 5 Downgrades
Analyst Downgrades: Several top Wall Street analysts have downgraded their ratings on various companies, including Kornit Digital, Duolingo, elf Beauty, Zimmer Biomet, and BioMarin Pharmaceutical.
Kornit Digital: Morgan Stanley downgraded Kornit Digital from Overweight to Equal-Weight, lowering the price target from $20 to $15, with shares closing at $12.50.
Duolingo: Keybanc downgraded Duolingo from Overweight to Sector Weight, with shares closing at $260.02.
elf Beauty and Others: Piper Sandler downgraded elf Beauty from Overweight to Neutral, cutting the price target from $150 to $100; JP Morgan downgraded Zimmer Biomet from Overweight to Neutral, lowering the target from $115 to $100; and Stifel downgraded BioMarin from Buy to Hold, slashing the target from $73 to $61.
Needham Reaffirms Buy Rating on Kornit Digital, Reduces Price Target to $20
Real-time Intelligence: Benzinga Pro offers traders the fastest news alerts to stay updated on market movements.
Exclusive Content: Subscribers gain access to unique stories and insights generated by Benzinga reporters.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing their trading strategies.
Market Winning Tools: The platform is designed to help traders succeed in the stock market with accurate intelligence.
Kornit Digital (KRNT) Third Quarter 2025 Earnings Report Transcript
- Author's Perspective: The views and opinions presented are solely those of the author.
- No Official Endorsement: The content does not necessarily reflect the views of Nasdaq, Inc.
Kornit Digital to Release Q4 and Full Year 2025 Financial Results on February 11
- Earnings Release Schedule: Kornit Digital will announce its Q4 and full year 2025 financial results on February 11, 2026, prior to market open, providing investors with critical performance metrics and future outlook.
- Conference Call Details: The company will host an earnings conference call at 8:30 AM ET on the same day to review financial results and operational insights, enhancing investor confidence in the company's future growth.
- Replay Information: Investors can access a replay of the conference call via the company's website or designated phone numbers, ensuring that those unable to participate live can still obtain important information, thereby increasing transparency.
- Global Market Leadership: Kornit Digital is a global leader in sustainable digital fashion and textile production technologies, serving customers in over 100 countries, showcasing its significant impact and innovative capabilities within the industry.
Kornit Digital CFO Lauri Hanover Steps Down, Assaf Zipori to Take Over; Company Plans $100 Million Stock Buyback
CFO Transition: Kornit Digital's CFO Lauri Hanover has resigned for personal reasons, with Assaf Zipori appointed as her successor, effective mid-December 2025.
Stock Repurchase Authorization: The company has been authorized to repurchase up to $100 million of its common stock, adding to the $165 million already repurchased in 2023.
Market Performance: In pre-market trading, Kornit Digital's shares rose by 1.65%, reaching $12.91 on the Nasdaq.
Author's Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Kornit Digital Reveals CFO Change and Initiates $100 Million Stock Buyback Program
CFO Transition: Kornit Digital's CFO Lauri Hanover will resign for personal reasons but will remain until mid-December 2025 to ensure a smooth transition to incoming CFO Assaf Zipori, who previously served as Global CFO of Nano Dimension.
Share Repurchase Program: Kornit Digital announced a new share repurchase authorization of up to $100 million, reflecting its strong financial position and ongoing capital-allocation strategy, following $165 million in buybacks since 2023.
Zimmer Biomet Analyst Changes Stance; Check Out Thursday's Top 5 Downgrades
Analyst Downgrades: Several top Wall Street analysts have downgraded their ratings on various companies, including Kornit Digital, Duolingo, elf Beauty, Zimmer Biomet, and BioMarin Pharmaceutical.
Kornit Digital: Morgan Stanley downgraded Kornit Digital from Overweight to Equal-Weight, lowering the price target from $20 to $15, with shares closing at $12.50.
Duolingo: Keybanc downgraded Duolingo from Overweight to Sector Weight, with shares closing at $260.02.
elf Beauty and Others: Piper Sandler downgraded elf Beauty from Overweight to Neutral, cutting the price target from $150 to $100; JP Morgan downgraded Zimmer Biomet from Overweight to Neutral, lowering the target from $115 to $100; and Stifel downgraded BioMarin from Buy to Hold, slashing the target from $73 to $61.
Needham Reaffirms Buy Rating on Kornit Digital, Reduces Price Target to $20
Real-time Intelligence: Benzinga Pro offers traders the fastest news alerts to stay updated on market movements.
Exclusive Content: Subscribers gain access to unique stories and insights generated by Benzinga reporters.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing their trading strategies.
Market Winning Tools: The platform is designed to help traders succeed in the stock market with accurate intelligence.
Kornit Digital (KRNT) Third Quarter 2025 Earnings Report Transcript
- Author's Perspective: The views and opinions presented are solely those of the author.
- No Official Endorsement: The content does not necessarily reflect the views of Nasdaq, Inc.
