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

Impinj

26/10/2023 24:07

* Impinj Inc  PI.OQ  reported quarterly breakeven results​​
per
share for the quarter ended in September. The mean expectation
of seven analysts for the quarter was for a loss of 10 cents per
share.
    * Revenue fell 4.8% to $65.01 million from a year ago;
analysts
expected $64.75 million. 
    * Impinj Inc's reported EPS for the quarter was a loss of 59
cents​.
    * The mean earnings estimate of analysts had fallen by
about 142.3% 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 fallen by 3.6% this quarter and
lost 51.4%
so far this year.
    * The company reported a quarterly loss of $15.76 million.
    * Wall Street's median 12-month price target for Impinj Inc
is
$90.50 
    * 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
October 25 at 11:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.10          0.00           Beat
 Jun. 30 2023      0.31           0.33           Beat
 Mar. 31 2023      0.33           0.30           Missed
 Dec. 31 2022      0.41           0.41           Met