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

Impinj

08/02/2023 22:47

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
41
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 41 cents per share.
    * Revenue rose 45.7% to $76.59 million from a year ago;
analysts
expected $75.15 million. 
    * Impinj Inc's reported EPS for the quarter was breakeven
results​.
    * The mean earnings estimate of analysts had risen by
about 16.8%
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 18.1% this quarter.
    * The company reported a quarterly loss of $118 thousand.
    * Wall Street's median 12-month price target for Impinj Inc
is
$132.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
8 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.41           0.41           Met
 Sep. 30 2022      0.16           0.34           Beat
 Jun. 30 2022      -0.02          0.11           Beat
 Mar. 31 2022      -0.01          0.09           Beat