Welcome to our dedicated page for Impinj news (Ticker: PI), a resource for investors and traders seeking the latest updates and insights on Impinj stock.
Impinj, Inc. (NASDAQ: PI) is a RAIN RFID provider and Internet of Things pioneer whose news flow reflects developments across technology, supply chains, and capital markets. The company states that it helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things — such as apparel, automobile parts, luggage, and shipments — to the Internet. Its platform uses RAIN RFID to deliver timely data about these items to business and consumer applications.
On this page, readers can follow Impinj news that covers a range of topics, including product and technology updates, research insights, financial results, and financing activities. Recent announcements highlight Gen2X protocol enhancements for RAIN RFID, new Gen2X capabilities such as Endpoint IC Verification and Tag Selection, and the extension of Gen2X support to endpoint IC families aimed at industrial applications. Impinj also publishes research like its Supply Chain Integrity Outlook 2026, which reports on consumer expectations, supply chain pressures, and the role of item-level data and AI.
Investors and observers can also track Impinj’s financial communications, such as quarterly earnings releases, preliminary revenue and adjusted EBITDA expectations, and details of convertible senior note offerings and related capped call transactions. Corporate governance updates, including board appointments, and participation in investor conferences are also part of the company’s regular news stream.
By monitoring this Impinj news feed, users can see how the company’s RAIN RFID and IoT technologies evolve, how management communicates about market conditions and supply chain trends, and how capital structure decisions and product innovations intersect. This page aggregates company-issued press releases and related coverage to provide a centralized view of PI-related developments over time.
Impinj, a leader in RAIN RFID solutions, reported strong financial results for Q1 2023, with record revenue of $85.9 million. The company achieved a GAAP gross margin of 50.7% and a non-GAAP gross margin of 52.4%. Despite a GAAP net loss of $4.4 million (loss of $(0.17) per share), non-GAAP net income was $8.7 million, translating to $0.30 per diluted share. Adjusted EBITDA stood at $8.6 million. CEO Chris Diorio expressed confidence in the company's backlog and overall market growth potential. The outlook for Q2 2023 reflects the company’s commitment to leverage its platform solutions amidst changing market dynamics.
Impinj, Inc. (NASDAQ: PI) will release its financial results for the first quarter ended
Impinj, Inc. (NASDAQ: PI) has announced that Miron Washington will join its board of directors starting April 2, 2023. Washington brings over 25 years of experience in B2C/B2B ecommerce, global supply chain operations, and digital transformation, expected to aid Impinj in its growth phase. The board chair, Steve Sanghi, noted Washington's extensive background will support the company in enhancing operational efficiency and customer experience. Washington is currently the chief digital officer at Parts Town and previously held executive roles at major companies including Home Depot and Amazon.
Impinj, Inc. (NASDAQ: PI) reported financial results for Q4 and the full year 2022, highlighting a robust performance. Q4 revenue reached $76.6 million, with a GAAP gross margin of 52.4% and adjusted EBITDA of $11.8 million. The company noted a minimal GAAP net loss of $0.1 million. For the full year, Impinj's revenue was $257.8 million, with a GAAP net loss of $24.3 million. Non-GAAP net income stood at $26.3 million, or $0.96 per diluted share. The company is optimistic about growth opportunities as it heads into 2023, although guidance for Q1 2023 remains cautious based on prevailing market conditions.
Impinj, Inc. (NASDAQ: PI) has updated its fourth-quarter 2022 revenue expectation to exceed $76 million, surpassing prior guidance of $71.5 million to $73.5 million. This announcement signals a positive outlook for the company. CFO Cary Baker will participate in a fireside chat at the 25th Annual Needham Growth Conference on January 11, 2023.
The company’s fourth-quarter financial results will be disclosed on February 8, 2023, and a conference call will follow to discuss the results and first-quarter outlook.
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