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

Impinj

26/04/2023 23:28

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
30
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 33 cents per share.
    * Revenue rose 61.6% to $85.90 million from a year ago;
analysts
expected $83.59 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
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 0.4% this quarter and
gained 24.6% so far this year.
    * The company reported a quarterly loss of $4.36 million.
    * Wall Street's median 12-month price target for Impinj Inc
is
$142.00 
    * 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 LSEG Refinitiv data
April 26 at 10:28 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.33           0.30           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