Impinj Inc is a technology company that specializes in providing solutions for the Internet of Things (IoT) through the use of radio frequency identification (RFID) technology. The company designs and manufactures RFID readers, tags, and software that enable businesses to wirelessly connect physical items to the digital world. Impinj's products are used in various industries, including retail, healthcare, and logistics, to enhance inventory management, improve supply chain efficiency, and enable real-time tracking of assets. By offering a comprehensive platform for item connectivity, Impinj helps organizations gain insights and drive operational efficiencies. Read More
Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced that its M800 series tag chip shipment volume surpassed 5 billion units earlier this year, becoming the company’s fastest-growing tag chip ever. The 5-billion-unit milestone, which represents nearly 10% of the RAIN RFID industry’s total 2024 shipments, highlights enterprise adoption of the M800 series to solve operational challenges by gaining real-time visibility of their assets and goods across their global operations.
Shares of RFID manufacturer Impinj (NASDAQ:PI) jumped 20.4% in the pre-market session after the company reported strong first quarter 2025 results which significantly exceeded analysts' EPS and revenue estimates. Looking ahead, EBITDA and EPS guidance for the next quarter came in ahead. Overall, this quarter was quite strong.
RFID manufacturer Impinj (NASDAQ:PI) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 3.3% year on year to $74.28 million. The company expects next quarter’s revenue to be around $93.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.21 per share was significantly above analysts’ consensus estimates.
Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the first quarter ended March 31, 2025.
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
Impinj, Northern Technologies, and Seadrill have faced share price drops due to various causes, but investors also may have reason to be bullish on each.
Impinj has gotten torched over the last six months - since October 2024, its stock price has dropped 67.5% to $72.61 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced that it will release financial results for its first quarter ended March 31, 2025, after U.S. markets close on Wednesday, April 23, 2025.
