Impinj Reports Third Quarter 2020 Financial Results

Go back to Impinj Reports Third Quarter 2020 Financial Results

Impinj (PI) Tops Q3 EPS by 3c, Revenues Beat; Offers 4Q EPS Outlook Above Consensus, 4Q Revenue Guidance Below Consensus

October 28, 2020 5:18 PM EDT

Impinj (NASDAQ: PI) reported Q3 EPS of ($0.29), $0.03 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $28.2 million versus the consensus estimate of $24.72 million.

Third Quarter 2020 Financial Summary

Revenue of $28.2 millionGAAP gross margin of 47.4%; non-GAAP gross margin... More