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 technology, reported its third-quarter financial results for 2021, showcasing revenue of $45.2 million and a GAAP gross margin of 50.9%. Despite exceeding revenue expectations, the company faced a GAAP net loss of $12.9 million, resulting in a loss of $(0.53) per diluted share with 24.3 million shares outstanding. The adjusted EBITDA loss was $0.4 million, while the non-GAAP net loss was $0.9 million or $(0.04) per diluted share. Impinj's outlook for the fourth quarter reflects ongoing market challenges, impacting anticipated performance.
Impinj, Inc. (NASDAQ: PI) will release its third-quarter financial results for the period ending September 30, 2021, after U.S. markets close on October 27, 2021. Following the release, a conference call will take place at 5:00 p.m. ET, where management will discuss the results and provide an outlook for the fourth quarter. Interested listeners can join via phone or webcast. Additionally, an archived version of the call and related financial data will be accessible on Impinj's website.
Impinj, Inc. (NASDAQ: PI) announced that co-founder and CEO Chris Diorio will participate in the virtual Piper Sandler Global Technology Conference on September 13-14, 2021. A pre-recorded presentation will be accessible on the Impinj website starting September 9, 2021, at 4:00 p.m. ET, and will remain available for 90 days. Additionally, one-on-one meetings can be scheduled on September 14, 2021, exclusively via Piper Sandler. Impinj specializes in connecting everyday items to the Internet using RAIN RFID technology, enhancing business and consumer applications.
Impinj (NASDAQ: PI), a leader in RAIN RFID technology, will participate in two virtual investor conferences. The CFO, Cary Baker, will engage in a fireside chat at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 10, 2021, at 1:15 p.m. ET. CEO Chris Diorio will speak at the Canaccord Genuity 41st Annual Growth Conference on August 12, 2021, at 2:00 p.m. ET. Both sessions will be available via live audio webcast on the company's investor website, with an archived version accessible for 90 days after each event.
Impinj (NASDAQ: PI) reported strong financial results for Q2 2021, with revenue of $47.3 million and a GAAP gross margin of 52.4%. The company achieved a record bookings quarter and adjusted EBITDA of $3.3 million. Although there was a GAAP net loss of $8.9 million ($(0.37) per diluted share), non-GAAP net income reached $2.7 million ($0.11 per diluted share). The CEO highlighted robust demand and the introduction of innovative products.
Impinj, a leader in RAIN RFID technology, will announce its second-quarter financial results for the period ending June 30, 2021, after market close on July 28, 2021. The company will conduct a conference call at 5:00 p.m. ET to discuss these results and provide an outlook for the third quarter. This call will be accessible to the public via phone and webcast. Impinj plans to leverage various channels, including social media and its website, for information dissemination, emphasizing transparency.
Impinj, Inc. (NASDAQ: PI) has launched three next-generation RAIN RFID reader chips: E710, E510, and E310. These low-power, high-performance systems-on-chips enhance IoT device connectivity across various sectors, including retail and logistics. Key features include up to 2x better receive sensitivity, 80% smaller designs, and 50% lower power consumption. With these advancements, Impinj aims to drive innovation in item connectivity and improve operational efficiencies. Industry partners, like Michelin, anticipate utilizing these chips for enhanced tire management and safety.
Impinj, a leader in RAIN RFID technology, has announced that CFO Cary Baker will speak at two upcoming virtual investor conferences. The first is the 16th Annual Needham Virtual Technology & Media Conference scheduled for May 19, 2021, at 9:30 a.m. ET, followed by the Baird 2021 Global Consumer, Technology & Services Conference on June 9, 2021, at 4:20 p.m. ET. Live webcasts will be accessible on the company’s website, with archived versions available for 90 days after each event.
Impinj connects everyday items to the Internet, facilitating vast data access for businesses.
Impinj, Inc. (NASDAQ: PI) announced Brian Wong as its new Chief Product Officer, effective May 10, 2021. Wong has over 35 years in technology and will lead the company's product organization, focusing on advancing Impinj's platform and the global partner ecosystem. His prior experience includes serving as CEO for multiple companies and expertise in emerging technologies such as RAIN RFID and IoT. CEO Chris Diorio expressed confidence in Wong's ability to enhance Impinj's operations and growth.
Impinj (NASDAQ: PI) reported strong first-quarter 2021 results, achieving revenue of $45.2 million, exceeding guidance. The company noted a GAAP gross margin of 48.6% and a non-GAAP gross margin of 50.3%. While there was a net loss of $9.4 million (or $0.40 per diluted share), adjusted EBITDA was positive at $0.9 million. The company indicated robust demand and growth opportunities moving forward, having also secured a record bookings quarter.
