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-0.000550393369378755 -0.00165118010813608 0.00163693463269342 -0.00566581409654547 -0.0185987632337229 -0.00217891022112864 0.00197494091365304 -0.0047592838410981
Stock impact report

Impinj (PI) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

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: Yahoo! Finance
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 in well above expectations for revenue and EPS. Notably, Impinj also provided some insights into their recent licensing agreement with NXP Semiconductors. As a quick recap, Impinj announced on February 9, 2024, that it successfully settled its patent disputes with NXP Semiconductors through a new Settlement and Patent Cross-License agreement, terminating ongoing legal actions and releasing each other from patent infringement claims. Firstly, as a part of the agreement, NXP paid a one-time $45 million litigation settlement in the first quarter. Looking ahead, Impinj expects NXP to pay an annual license fee each April for up to 10 years "unless they design out th Show less Read more
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