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  "documentTitle": "Kornit Digital Ltd. (KRNT)",
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  "authorName": "Ben Axler",
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  "notes": "Uses bill of lading data to estimate unit counts and total revenue, comparing against reported figures.",
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      "text": "Our total Amazon revenue falls short of Kornit's $24.2M reported Amazon revenues for 2018.",
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      "text": "Using known shipment weights to Amazon's two facilities, and Kornit's standard weight measures for its various products, we can estimate the total number of units shipped at approximately 9 for Norristown, PA and 20 for Texas in 2018.",
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      "text": "Source: Panjiva.com and Kornit Product Spec Sheets: Storm Hexa, Storm II, and Avalanche HD6",
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      "text": "1) We assume 15-20% of list price annually for ink and consumables (per Wall St. research) on our estimate of 112 installed machines",
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      "text": "A Closer Look Into 2018 Amazon Revenues",
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