Impinj Inc reports results for the quarter ended in December - Earnings Summary

Impinj

10/02/2022 05:50

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
16
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 3 cents per share.
    * Revenue rose 44.2% to $52.57 million from a year ago; 
analysts
expected $51.68 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 81
cents​.
    * The mean earnings estimate of analysts had risen by
about 236.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Impinj Inc shares had risen by 1.2% this quarter.
    * The company reported a quarterly loss of $20.01 million.
    * Wall Street's median 12-month price target for Impinj Inc
is
$100.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 10 at 05:50 a.m.
 ​All figures in US dollars unless otherwise stated