Impinj pre-announces Q4 2023 revenue >$70M, adjusted EBITDA >$2.5M

IMPINJ INC

2023-FY EPS reported -$1.62 revenue$307,539,000

Q4 2023 revenue expected to exceed $70M, above prior guidance of $65.5-$68.5M.
Adjusted EBITDA expected to exceed $2.5M, above prior guidance of ($0.9M)-$0.7M.
Full Q4 and FY 2023 results to be released on Feb 8, 2024 after market close.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IMPINJ INC reported the fourth quarter ended December 31, 2023 results: revenue exceed $70 million. Guidance raised.

Period: the fourth quarter ended December 31, 2023
Revenue: exceed $70 million
Guidance: raised
Result: preliminary results

Exact text from the filing

Impinj Announces Preliminary Fourth-Quarter 2023 Revenue and Adjusted EBITDA Ahead of Participation at 26 th Annual Needham Growth Conference SEATTLE, January 16, 2024 – Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced that it expects fourth-quarter 2023 revenue to exceed $70 million, above its prior guidance of $65.5 to $68.5 million and adjusted EBITDA to exceed $2.5 million, above its prior guidance of ($0.9) to $0.7 million.

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Source: SEC EDGAR

accession 0000950170-24-004628

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