secwatch.observer — SEC 8-K summary
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Issuer:     IMPINJ INC (PI)
CIK:        0001114995
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000950170-24-086062
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114995/000095017024086062/0000950170-24-086062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114995/000095017024086062/pi-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086062

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