Impinj (PI) Tops Q3 EPS by 6c; Guides Q3 Above the Street

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Impinj Reports Third Quarter 2021 Financial Results

October 27, 2021 4:15 PM EDT

SEATTLE--(BUSINESS WIRE)-- Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the third quarter ended September 30, 2021.

Our third-quarter results were strong, with revenue and profitability exceeding our guidance, said Chris Diorio, Impinj co-founder and CEO. We accelerated Impinj M700 endpoint IC production, navigated unprecedented supply challenges and see strong,... More