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

Impinj

27/07/2022 22:59

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
11
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue rose 26.5% to $59.80 million from a year ago;
analysts
expected $55.12 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,018.9% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Impinj Inc shares had risen by 16.2% this quarter and
lost 23.1%
so far this year.
    * The company reported a quarterly loss of $11.52 million.
    * Wall Street's median 12-month price target for Impinj Inc
is
$80.00 
    * 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 July 27
at 09:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.02          0.11           Beat
 Mar. 31 2022      -0.01          0.09           Beat
 Dec. 31 2021      0.03           0.16           Beat
 Sep. 30 2021      -0.10          -0.04          Beat