Impinj Announces Second Quarter 2016 Financial Results

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Impinj (PI) Adds to Strong Post-Earnings Gains

September 2, 2016 11:56 AM EDT

Impinj (NASDAQ: PI) adds to yesterday's strong gains following earnings. Shares are up another 13.7% today on volume that is running 6x the norm. Yesterday the stock was up 21%.

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Needham & Company Raises Price Target as Impinj (PI) Reports Solid 2Q Report

September 1, 2016 8:23 AM EDT

Needham & Company reiterated a Buy rating on Impinj Inc (NASDAQ: PI), and raised the price target to $28.00 (from $24.00), following the company's 2Q earnings report. PA reported revenues of $26.0M, above the consensus estimate of $25.3M. Non-GAAP EPS totaled $0.06, solidly above consensus' $0.02 estimate.

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Piper Jaffray Raises price Target on Impinj (PI) to $30 Following June Quarter

September 1, 2016 7:34 AM EDT

Piper Jaffray reiterated an Overweight rating on Impinj Inc (NASDAQ: PI), and raised the price target to $30.00 (from $24.00), following the company's June quarter results. Impinj revenues increased to $26M, which exceeded consensus expectations by $0.7M. Non-GAAP EPS came in $0.04 better than the consensus expectations. September quarter revenues are expected in the range of... More

Impinj (PI) Tops Q2 EPS by 4c; Offers Q3 Outlook

August 31, 2016 4:04 PM EDT

Impinj (NASDAQ: PI) reported Q2 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $26 million versus the consensus estimate of $25.31 million.

GUIDANCE:

Impinj sees Q3 2016 EPS of $0.01-$0.09, versus the consensus of $0.04. Impinj sees Q3... More