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0 0.00080768195279538 -0.00183972000358968 -0.00673068293996231 0.0056537736695683 0.0029615004935834 -0.00759131293188549 -0.0128331688055282
Stock impact report

Internet of Things Stock Impinj Rallies 10% on Bullish Outlook [MarketWatch]

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: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium A lab at Impinj. Courtesy Impinj Shares of Impinj are on the rise after the internet-of-things chip company provided upbeat financial guidance for the first quarter. For the fourth quarter, Impinj posted revenue of $70.7 million, down 8% from a year ago, but consistent with an earlier announcement that revenue would be above $70 million. The company had originally told investors to expect revenue of $65.5 million to $68.5 million. Adjusted earnings before interest, taxes, depreciation. and amortization, or Ebitda, were $3 million, consistent with a recently updated forecast for more than $2.5 million. Management's original forecast had called for the figure to range from a loss of $900,000 to a profit of $700,000. Advertisement On an adjusted basis, the company earned 9 cents a share. Under generally accepted accounting principles, it lost Show less Read more
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