Impinj Reports First Quarter 2020 Financial Results
Impinj, Inc. (PI)
Last impinj, inc. earnings: 4/27 04:15 pm
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Source: Business Wire
SEATTLE--(BUSINESS WIRE)--Impinj, Inc. (NASDAQ: PI), a leading provider and pioneer of RAIN RFID solutions, today released its financial results for the first quarter ended March 31, 2020.“Our first-quarter revenue was strong, setting another company record,” said Chris Diorio, Impinj co-founder and CEO. “Despite the prevailing sentiment in many of our end markets being negative, there are bright spots as well, such as in omnichannel retail and supply chain and logistics. Regardless, considering the significant uncertainties looking forward, we feel it is prudent to not give quantitative guidance for the second quarter.”First Quarter 2020 Financial SummaryRevenue of $47.8 millionGAAP gross margin of 44.7%; non-GAAP gross margin of 46.1%GAAP net loss of $4.3 million, or loss of $0.19 per diluted share using 22.4 million sharesAdjusted EBITDA of $3.0 millionNon-GAAP net income of $2.9 million, or income of $0.13 per diluted share using 23.0 million sharesA reconciliation between GAA
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- 12/4/25 - Form 144
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- 12/3/25 - Form 4
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