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

Impinj

27/07/2023 24:25

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
33
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 31 cents per share.
    * Revenue rose 43.8% to $85.99 million from a year ago;
analysts
expected $85.00 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Impinj Inc shares had fallen by 10.5% this quarter and
lost 26.5% so far this year.
    * The company reported a quarterly loss of $8.07 million.
    * Wall Street's median 12-month price target for Impinj Inc
is
$130.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 11:24 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.31           0.33           Beat
 Mar. 31 2023      0.33           0.30           Missed
 Dec. 31 2022      0.41           0.41           Met
 Sep. 30 2022      0.16           0.34           Beat