| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 76.8MM | +9% |
| Gross Profit | 37.5MM | +11% |
| Cost Of Revenue | 39.3MM | +7% |
| Operating Income | -11.7MM | -21% |
| Operating Expenses | 49.3MM | +1% |
| Net Income | 33.3MM | -320% |
| R&D | 22.5MM | +7% |
| G&A | 13.4MM | -15% |
| Marketing | 10.2MM | -3% |
| Interest Expense | 1.2MM | +0% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Cathal Phelan, the Chief Innovation Officer of Impinj Inc (NASDAQ:PI), has sold 10,000 shares of the company on April 26, 2024, according to a recent SEC Filing.
Impinj Inc (NASDAQ:PI), a leading provider and innovator of RAIN RFID solutions for identifying, locating, and authenticating everyday items, has reported an insider selling event.
Power management chips maker Monolithic Power Systems (NASDAQ:MPWR) will be reporting earnings tomorrow after the bell. Here's what investors should know.
Impinj, Inc. (NASDAQ:PI) Q1 2024 Earnings Call Transcript April 24, 2024 Impinj, Inc. beats earnings expectations. Reported EPS is $0.21, expectations were $0.1. PI isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and welcome to the Impinj First Quarter […]
The Dow Jones Industrial Average trimmed what was a 700-point loss by nearly half by the close Thursday as it sought to recover from an earnings-fueled drop courtesy of component Caterpillar, the worst performer among the Dow's 30 members. Other indexes also got hit as Facebook and Instagram operator Meta Platforms led techs lower, plunging as much as 16% on the stock market today. At least seven other members of the Dow industrials slipped 2 points or more.
Check out why Impinj stock hit a new all-time high after its latest earnings report. Spoiler alert: Investors in the retail sector should take note of these business trends, too.
Shares of RFID manufacturer Impinj (NASDAQ:PI) jumped 18.4% in the morning session after the company reported first-quarter results with strong improvement in inventory levels. Its revenue and EPS also outperformed Wall Street's estimates during the quarter. The topline benefitted from strong demand in the endpoint IC segment, with sales up 14% sequentially, ahead of analysts' expectations, and offsetting the underperformance in the systems segment. Adding to the good news was guidance that came
Impinj stock skyrocketed Thursday after the chip provider offered robust guidance and better-than-expected earnings. For the March quarter, Impinj posted revenue of $76.8 million, with adjusted earnings of 21 cents a share. The company’s guidance had called for revenue between $72 million and $75 million, and adjusted earnings of 8 to 13 cents a share.
Q1 2024 Impinj Inc Earnings Call
Despite mixed financial results, Impinj Inc (PI) showcases strategic growth and optimistic future projections in its first quarter of 2024.