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

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Impinj Reports Third Quarter 2020 Financial Results

October 28, 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 third quarter ended September 30, 2020.

Third-quarter revenue improved sequentially, driven primarily by rebounding retail-apparel volumes that drove endpoint IC sales, said Chris Diorio, Impinj co-founder and CEO. With game-changing new products and a... More