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Stock impact report

Impinj expects Q2 revenue of $103M-$106M and non-GAAP EPS of $0.77-$0.82 as endpoint IC demand rebounds [Seeking Alpha]

Impinj, Inc. (PI) 
Last impinj, inc. earnings: 4/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.impinj.com
Company Research Source: Seeking Alpha
"Our first quarter results were solid with revenue and adjusted EBITDA exceeding the top end of our guide range," said (Co-Founder, Vice Chairman & CEO Chris Diorio), adding that "endpoint IC bookings hit an all-time record" and citing Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Key revenue drivers include record endpoint IC bookings, retailer rebuys, and the custom ASIC ramp. Margin drivers involve annual IC price declines, manufacturing utilization, revenue mix, and temporary issues now resolved. Higher systems revenue and product scale are cited to sequentially improve margins. Impinj applies caution to second-half outlook due to macro unpredictability, hedges against multiple scenarios, addresses manufacturing-frequency risks, and is uncertain about the sustainability of IP-related royalty payments from NXP. Management maintains Show less Read more
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