Kornit Digital‘s (KRNT) April 2015 IPO quickly fizzled and shares would eventually decline 46% from their highs over one year.
The reason for its hefty and lengthy decline: Earnings growth only rose 3% in 2016, well below prior years’ gains. But things are looking up for the company. In the most recent quarter, earnings surged 60% and they don’t appear to be slowing down for the next couple of years. Consensus estimates have the company growing 61% in 2017 and 56% in 2018.