Impinj Announces Third Quarter 2016 Financial Results

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RBC Capital Reiterates Bullish View on Impinj (PI) Amid Strong Growth

November 4, 2016 7:28 AM EDT

RBC Capital analyst Mitch Steves reiterated an Outperform rating and $37 price target on Impinj Inc (NASDAQ: PI) after the company reported a solid beat and raise quarter driven by larger than expected end-point shipments. In addition, guidance was well ahead of expectations showing continued... More

Impinj (PI) Tops Q3 EPS by 4c

November 3, 2016 4:25 PM EDT

Impinj (NASDAQ: PI) reported Q3 EPS of $0.10, $0.04 better than the analyst estimate of $0.06. Revenue for the quarter came in at $31 million versus the consensus estimate of $28.39 million.

GUIDANCE:

Impinj sees Q4 2016 EPS of $0.04-$0.11, versus the consensus of $0.06. Impinj sees Q4 2016... More