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

Impinj

26/10/2022 22:53

* Impinj Inc  PI.OQ  reported quarterly adjusted earnings of
34
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of 16 cents per share.
    * Revenue rose 51.1% to $68.27 million from a year ago;
analysts
expected $64.69 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 79.6%
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 10.0% this quarter and
lost 0.7%
so far this year.
    * The company reported a quarterly loss of $2.2 million.
    * Wall Street's median 12-month price target for Impinj Inc
is
$94.00 
    * 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 October
26 at 09:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.16           0.34           Beat
 Jun. 30 2022      -0.02          0.11           Beat
 Mar. 31 2022      -0.01          0.09           Beat
 Dec. 31 2021      0.03           0.16           Beat