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, Inc. (NASDAQ: PI) has joined the DoseID Consortium to enhance RAIN RFID applications in healthcare. This collaboration aims to set industry standards for RAIN RFID, allowing healthcare providers to improve patient care, reduce costs, and boost efficiency by automating inventory and asset management. Impinj's solutions focus on ensuring compliance and safety within healthcare environments. The partnership is expected to advance the use of RFID in tracking medical supplies and improving operational outcomes.
Impinj, Inc. (NASDAQ: PI) reported strong financial results for Q4 and the full year 2021, with record bookings and revenue. Q4 revenue reached $52.6 million, with a GAAP gross margin of 55.5% and adjusted EBITDA of $5.3 million. For the full year, revenue totaled $190.3 million with a GAAP net loss of $51.3 million. Non-GAAP net income for the year was $6.4 million, or $0.25 per diluted share, highlighting a solid operational performance despite overall losses.
Impinj, Inc. (NASDAQ: PI) has announced leadership changes, appointing Steve Sanghi as Board Chair after Peter van Oppen's term ends. Van Oppen will not seek reelection after eight years of service. Meera Rao has been added to the board, bringing over 25 years of experience in the semiconductor industry. Rao expressed her enthusiasm for joining Impinj during a crucial growth phase. Board Member Theresa Wise will also not seek reelection, reducing the board size to seven members. CEO Chris Diorio praised the contributions of the outgoing members.
Impinj, Inc. (NASDAQ: PI) has promoted Hussein Mecklai to chief operating officer, responsible for engineering and operations. Joining Impinj in 2018, Mecklai has over 20 years of experience, previously serving at Intel. His leadership has enhanced product performance and integration at Impinj, which focuses on RAIN RFID technology. Mecklai emphasized the potential for increased adoption of RAIN RFID in retail and logistics, aiming to connect billions of items to the Internet. Impinj's mission is to deliver timely data for a boundless Internet of Things.
Impinj, Inc. (NASDAQ: PI) has announced that its fourth-quarter 2021 revenue is expected to exceed $52 million, surpassing previous guidance of $46.0 – $48.0 million. This positive outlook signals strong performance in the RAIN RFID sector. Additionally, CEO Chris Diorio and CFO Cary Baker will participate in a fireside chat at the Needham Virtual Growth Conference on January 11, 2022. Financial results for the fourth quarter and full year are set to be released on February 9, 2022, after market close.
Impinj, Inc. (NASDAQ: PI), a leader in RAIN RFID and IoT, announced that CFO Cary Baker will participate in a fireside chat at the Raymond James Technology Investors Conference on December 7, 2021, at 3:10 p.m. ET. A live audio webcast will be available on Impinj's website, with an archived version for 90 days post-event. Impinj connects billions of everyday items to the Internet, providing timely data for business applications.
Impinj, Inc. (NASDAQ: PI) has priced a private offering of $250 million in Convertible Senior Notes due 2027, increasing from an initial $225 million. The offering is expected to close on November 5, 2021, with net proceeds of about $241.9 million. The notes carry a 1.125% interest rate and are convertible at an initial price of approximately $111.04 per share. Impinj plans to use around $184.2 million from the proceeds to repurchase outstanding 2.00% convertible senior notes due 2026. The offering will bolster its financial structure and support general corporate purposes.
Impinj, Inc. (NASDAQ: PI) plans to offer $225 million of Convertible Senior Notes due 2027 in a private offering, subject to market conditions. An additional $33.75 million option may be granted to initial purchasers. The notes will be senior, unsecured, and convertible into cash, stock, or a mix. Proceeds will repurchase a portion of outstanding 2.00% Convertible Senior Notes due 2026 and for general corporate purposes. Market activities related to the repurchase could affect stock prices and conversion rates.
Impinj, a leader in RAIN RFID technology, reported its third-quarter financial results for 2021, showcasing revenue of $45.2 million and a GAAP gross margin of 50.9%. Despite exceeding revenue expectations, the company faced a GAAP net loss of $12.9 million, resulting in a loss of $(0.53) per diluted share with 24.3 million shares outstanding. The adjusted EBITDA loss was $0.4 million, while the non-GAAP net loss was $0.9 million or $(0.04) per diluted share. Impinj's outlook for the fourth quarter reflects ongoing market challenges, impacting anticipated performance.
Impinj, Inc. (NASDAQ: PI) will release its third-quarter financial results for the period ending September 30, 2021, after U.S. markets close on October 27, 2021. Following the release, a conference call will take place at 5:00 p.m. ET, where management will discuss the results and provide an outlook for the fourth quarter. Interested listeners can join via phone or webcast. Additionally, an archived version of the call and related financial data will be accessible on Impinj's website.