Welcome to our dedicated page for Impinj news (Ticker: PI), a resource for investors and traders seeking the latest updates and insights on Impinj stock.
Impinj Inc (PI) delivers pioneering RFID and wireless connectivity solutions that power the Internet of Things. This news hub provides investors and industry professionals with essential updates on the company’s technological advancements, financial performance, and market leadership.
Access real-time press releases covering earnings reports, product innovations, and strategic partnerships. Stay informed about PI’s role in transforming retail inventory systems, healthcare asset tracking, and global supply chain efficiency through its integrated platform.
Key updates include developments in endpoint ICs, reader systems, and IoT applications across industries. Bookmark this page for timely insights into how Impinj continues to bridge physical assets with digital intelligence, driving operational visibility worldwide.
Impinj, a leader in RAIN RFID solutions, reported strong financial results for Q1 2023, with record revenue of $85.9 million. The company achieved a GAAP gross margin of 50.7% and a non-GAAP gross margin of 52.4%. Despite a GAAP net loss of $4.4 million (loss of $(0.17) per share), non-GAAP net income was $8.7 million, translating to $0.30 per diluted share. Adjusted EBITDA stood at $8.6 million. CEO Chris Diorio expressed confidence in the company's backlog and overall market growth potential. The outlook for Q2 2023 reflects the company’s commitment to leverage its platform solutions amidst changing market dynamics.
Impinj, Inc. (NASDAQ: PI) will release its financial results for the first quarter ended
FAQ
What is the current stock price of Impinj (PI)?
What is the market cap of Impinj (PI)?
