Semiconductor firm Impinj jumps as quarterly forecasts above estimates

Impinj

30/07/2025 23:00

** Shares of semiconductor company Impinj PI.O up 19.5% at $146 in after-hours trading

** Forecasts Q3 revenue in the range of $91 million to $94 million, surpassing analysts' expectations of $85.92 million

** Sees adjusted net income between 47 cents and 51 cents per share, above estimates of 37 cents

** Posts Q2 revenue of $97.9 million, beating estimates of $93.80 million, as per data compiled by LSEG

** So far this year, stock down ~16%, as of last close

 (Reporting by Savyata Mishra in Bengaluru)

 ((Savyata.Mishra@thomsonreuters.com))