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Stock impact report

Why Impinj (PI) Stock Is Up Today [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
Shares of RFID manufacturer Impinj (NASDAQ:PI) jumped 4.7% in the afternoon session after investors appeared to focus on the company's strong historical growth metrics, which pointed to a promising outlook. A report highlighted the radio-frequency identification (RFID) maker's performance over the previous five years, noting that annual revenue grew by 20.2%. This suggested that the company increased its market share during that time. Furthermore, its annual earnings per share growth of 49.4% outpaced its revenue gains, signaling strong profitability. The company's free cash flow margin also expanded by 15.8 percentage points over the same period, giving it more cash to use for its operations. The positive reaction from the market came even as news surfaced that Sylebra Capital sold shares worth nearly $9.8 million in late November. Show less Read more
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