secwatch.observer — SEC 8-K summary
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Issuer:     IMPINJ INC (PI)
CIK:        0001114995
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0000950170-24-012779
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Impinj Q4 revenue $70.7M, GAAP loss $0.56 EPS; cuts 10% staff
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- Q4 revenue $70.7M; full year $307.5M (first above $300M).
- GAAP net loss $15.2M ($0.56 loss per diluted share); non-GAAP EPS $0.09.
- Adjusted EBITDA $3.0M in Q4; full year $21.8M.
- Restructuring cuts ~10% of employees; expects $1.7M–$2.0M severance charges in Q1/Q2 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114995/000095017024012779/0000950170-24-012779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114995/000095017024012779/pi-20240208.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012779

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer