Impinj Announces First Quarter 2017 Financial Results

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Go back to Impinj Announces First Quarter 2017 Financial Results

Impinj (PI) Gains on Short Covering, Upcoming RAIN Alliance Meeting - RBC

May 5, 2017 12:34 PM EDT

RBC Capital analyst Mitch Steves weighed in on today's big reversal in Impinj (NASDAQ: PI) from -15% to now up ~13%.

After an initiatial negative reaction post the earnings call, Steves noted two things:

First, the company had a ~42% short... More

Impinj (PI) Tops Q1 EPS by 2c

May 4, 2017 4:46 PM EDT

Impinj (NASDAQ: PI) reported Q1 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $31.7 million versus the consensus estimate of $30.7 million.

We delivered a solid first quarter, with revenue growing 47% over last year driven by the teams strong... More