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DALLAS - Promos Ink, a screen printing and embroidery decorator based in Dallas, has expanded its digital production capabilities by adding a Kornit Apollo platform to its existing Atlas MAX PLUS systems, according to a press release statement from Kornit Digital (NASDAQ:KRNT). The Israel-based digital printing solutions provider, which generated revenues of $207.64 million in the last twelve months, maintains a strong balance sheet with more cash than debt, according to InvestingPro data.
The company, which previously operated 60 analog screen printing systems, is transitioning production volumes to Kornit’s digital solutions to meet customer demands for faster turnaround times and varied order quantities while maintaining quality standards.
Promos Ink began using three Atlas MAX PLUS systems less than a year ago primarily for short-run orders, and has now added the Apollo platform to replace screen printing operations at scale.
"Our offerings aren’t just about bringing ideas to life for customers, they’re about creating a lasting imprint that narrates the ultimate brand story," said Carla Dooley, Owner and Chief Executive Officer at Promos Ink.
Promos Ink serves more than 1,000 partners, distributors, and authorized decorators with screen printing, embroidery, and fulfillment services. The company specializes in custom-made prints for various businesses.
Kornit Digital, headquartered in Israel, provides on-demand digital fashion and textile production technologies. The company offers digital printing systems, inks, consumables, software, and fulfillment services through its global network. Despite recent market challenges, with shares down 36.3% over the past six months, InvestingPro analysis indicates the stock is currently undervalued, with analysts expecting a return to profitability this year. For deeper insights and 10+ additional ProTips about KRNT, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Kornit Digital Ltd. reported its second-quarter earnings for 2025, showing a mixed financial performance. The company achieved an earnings per share (EPS) of $0.03, exceeding the forecast of $0.01, which marks a 200% surprise. Despite this positive earnings result, revenue did not meet expectations, coming in at $49.8 million compared to the anticipated $52.92 million, a shortfall of 5.9%. These developments have been closely watched by investors and analysts. No recent upgrades or downgrades from analyst firms were reported. Kornit Digital’s financial results indicate a complex picture for stakeholders to consider. The company’s earnings outperformance contrasts with its revenue miss, providing a nuanced situation for market observers.
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