Impinj (PI) Tops Q2 EPS by 3c, Guidance Misses
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Impinj Reports Second Quarter 2023 Financial Results
July 26, 2023 4:15 PM EDTSEATTLE--(BUSINESS WIRE)-- Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the second quarter ended June 30, 2023.
Second-quarter revenue set a new record, with strong systems revenue offsetting weak endpoint IC revenue from retail apparel inventory destocking, said Chris Diorio, Impinj co-founder and CEO. We expect ongoing headwinds associated with that... More
