Impinj Inc Stock Price, News & Analysis

Impinj (NASDAQ: PI) has announced the pricing of $170 million of 0% Convertible Senior Notes due 2029, an increase from the previously announced $150 million offering. The notes will be convertible at an initial rate of 3.7398 shares per $1,000 principal amount (equivalent to approximately $267.39 per share).

The company plans to use the proceeds, estimated at $164.2 million, along with cash on hand, to exchange $190.0 million of its existing 1.125% 2027 Notes and pay for capped call transactions. The exchange will involve approximately 0.8 million shares of common stock. Impinj has also entered into capped call transactions to reduce potential dilution, with an initial cap price of $340.32 per share.

Impinj (NASDAQ: PI), a leading RAIN RFID provider, has announced plans to offer $150 million in Convertible Senior Notes due 2029 through a private offering to qualified institutional buyers. The company will grant initial purchasers an option for an additional $25 million in notes.

The notes will be convertible into cash, Impinj common stock, or a combination thereof, with semi-annual interest payments. The proceeds will primarily fund the exchange of a portion of Impinj's existing 1.125% Convertible Senior Notes due 2027. The company plans to enter into capped call transactions to reduce potential dilution and offset cash payments above the principal amount for converted notes.

Impinj (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, has announced its participation in two upcoming investor conferences. CEO Chris Diorio and CFO Cary Baker will participate in a fireside chat at the Goldman Sachs Communacopia and Technology Conference on September 9, 2025, at 6:05 p.m. ET. Additionally, CFO Cary Baker will attend the Piper Sandler Growth Frontiers Conference on September 11, 2025, at 11:30 a.m. ET. Both presentations will be available via live audio webcasts and replays on Impinj's investor relations website.

Impinj (NASDAQ: PI), a leading RAIN RFID provider, reported strong Q2 2025 financial results with revenue of $97.9 million and GAAP net income of $11.6 million. The company achieved a robust GAAP gross margin of 57.8% and non-GAAP gross margin of 60.4%.

Key metrics include adjusted EBITDA of $27.6 million and non-GAAP net income of $24.5 million, or $0.80 per diluted share. For Q3 2025, Impinj projects revenue between $91.0-$94.0 million, with an expected GAAP net loss of $(2.2)-$(0.7) million and adjusted EBITDA income of $15.6-$17.1 million.

Impinj (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, has scheduled its second-quarter 2025 financial results announcement for July 30, 2025, after U.S. markets close.

The company will host a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT to discuss Q2 2025 results and Q3 2025 outlook. Management's prepared remarks, quarterly financial data, and the financial results press release will be available on investor.impinj.com.

Impinj (NASDAQ: PI) announced that shipments of its M800 series tag chips have exceeded 5 billion units, marking it as the company's fastest-growing tag chip. This milestone represents nearly 10% of the RAIN RFID industry's total 2024 shipments. The M800 series, featuring exceptional readability and Gen2X support, has been widely adopted with over 85 inlays launched by partners, including 40+ certified by Auburn University's ARC program.

The chips demonstrate superior performance in challenging conditions, including large tag populations and items containing liquids and metals. Partners like UROVO have reported up to 40% improvement in reading ability and 70% increase in inventory speed using Gen2X-enabled devices with M800 series chips. To support growth, Impinj opened a 29,000-square-foot facility in 2023 for RAIN tag chip development and testing.

Impinj (NASDAQ: PI), a RAIN RFID provider, reported Q1 2025 financial results with revenue of $74.3 million and a GAAP net loss of $8.5 million ($0.30 per share). The company achieved a GAAP gross margin of 49.4% and non-GAAP gross margin of 52.7%.

Key Q1 metrics include Adjusted EBITDA of $6.5 million and non-GAAP net income of $6.3 million ($0.21 per diluted share). For Q2 2025, Impinj projects revenue between $91.0-$96.0 million, GAAP net income of $5.6-$8.1 million, and non-GAAP net income per diluted share of $0.68-$0.76.

Impinj (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, has scheduled its first-quarter 2025 financial results announcement for Wednesday, April 23, 2025, after U.S. markets close.

The company will host a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT to discuss Q1 2025 results and Q2 2025 outlook. Investors can join via phone at +1-412-317-1863 or through the live webcast on investor.impinj.com.

A telephonic replay will be available for five business days at +1-412-317-0088 (passcode: 1095880). Management's prepared remarks, quarterly financial data, and press release will be posted on the investor website on April 23, 2025.

Impinj (NASDAQ: PI) has released its Q4 and full-year 2024 financial results. For Q4 2024, the company reported revenue of $91.6 million, with a GAAP gross margin of 50.5% and non-GAAP gross margin of 53.1%. The quarter saw a GAAP net loss of $2.7 million ($0.09 per diluted share), while non-GAAP net income was $14.5 million ($0.48 per diluted share).

For full-year 2024, Impinj achieved revenue of $366.1 million, with GAAP gross margin of 51.6% and non-GAAP gross margin of 54.0%. The company reported GAAP net income of $40.8 million ($1.39 per diluted share) and non-GAAP net income of $62.9 million ($2.11 per diluted share). The company noted successful resolution of patent litigation and delivery of market-leading products, while warning of first-quarter headwinds ahead.