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

Impinj

28/04/2022 24:13

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
9
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 17.5% to $53.14 million from a year ago; 
analysts
expected $51.21 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 42
cents​.
    * The mean earnings estimate of analysts had risen by
about 66.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Impinj Inc shares had fallen by 20.5% this quarter and
lost 43.1% so far this year.
    * The company reported a quarterly loss of $10.46 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 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 27 at 11:13 p.m.  ​All
figures in US dollars unless otherwise stated