Impinj (PI) Tops Q2 EPS by 1c

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Impinj Reports Second Quarter 2020 Financial Results

July 29, 2020 4:15 PM EDT

SEATTLE--(BUSINESS WIRE)-- Impinj, Inc. (NASDAQ: PI), a leading provider and pioneer of RAIN RFID solutions, today released its financial results for the second quarter ended June 30, 2020.

Covid-19 negatively impacted our second-quarter results, and the continuing uncertainty tempers our third-quarter outlook, said Chris Diorio, Impinj co-founder and CEO. Regardless, we see brightness ahead. Endpoint IC bookings are improving, large systems opportunities... More