Impinj posts record Q2 revenue $102.5M; adjusted EBITDA $26.8M beats guidance

IMPINJ INC

2024-Q2 EPS reported $1.44 revenue$179,320,000

GAAP net income $10.0M ($0.34 diluted EPS on 29.4M shares); non-GAAP net income $25.3M ($0.83 diluted EPS on 32.0M shares).
Revenue $102.5M (record), GAAP gross margin 56.1%, non-GAAP gross margin 58.2%.
Adjusted EBITDA $26.8M (record); free cash flow topped $40M.
CEO Chris Diorio cited results well above guidance and expressed confidence in market position.

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