earnings
confidence high
sentiment positive
materiality 0.75
Impinj Q1 record revenue $53.1M; GAAP loss $(0.42), non-GAAP profit $0.09
IMPINJ INC
2023-Q1 EPS reported
-$0.42
revenue$53,144,000
- Revenue $53.1M (record); GAAP gross margin 54.2%, non-GAAP 57.0%.
- GAAP net loss $10.5M ($0.42 per diluted share) on 25M shares.
- Non-GAAP net income $2.4M ($0.09 per diluted share); adjusted EBITDA $3.5M.
- Demand strong across endpoint ICs, reader ICs, readers and gateways.