Impinj: Overview of Second Quarter Results

Impinj PI released its second quarter results on Wednesday, July 27, 2022 at 4:15 p.m.

Here's what investors need to know about the announcement.

Earnings

Impinj exceeded estimated earnings by 650.0%, recording EPS of $0.11 versus an estimate of -$0.02.

Revenue increased by $12.53 million over the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.1, followed by a 0.99% decline in share price the next day.

Here is an overview of Impinj's past performance:

Trimester Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS estimate -0.01 0.02 -0.10 -0.04 Actual EPS 0.09 0.16 -0.04 0.11 Revenue estimate 51.20M 51.06M 44.15M 42.69M Actual turnover 53.14M 52.57M 45.19M 47.27M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS estimate -0.01 0.02 -0.10 -0.04 Actual EPS 0.09 0.16 -0.04 0.11 Revenue estimate 51.20M 51.06M 44.15M 42.69M Actual turnover 53.14M 52.57M 45.19M 47.27M

To follow all revenue releases for Impinj, visit their revenue calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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