PI / Impinj: Strong Buy On Recent Growth Fears

Impinj's stock soared by as much as 34.4% following the presentation of robust third-quarter results and signs of rejuvenated long-term growth. CEO Ch more_horizontal

Impinj saw falling revenue and profits in the third quarter, but still beat estimates. Weak results were already baked into the stock price after shar more_horizontal

Impinj, Inc. (NASDAQ:PI ) Q3 2023 Earnings Call October 25, 2023 5:00 PM ET Company Participants Andy Cobb - Vice President, Strategic Finance Chris D more_horizontal

Impinj (PI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to earnings of $0.3 more_horizontal

Impinj stock has been hit hard this year as the semiconductor downturn has finally come for it. The company has in-demand solutions that could help it more_horizontal

Impinj beat earnings estimates last night -- sort of. Pro forma, the company reported a $0.33-per-share profit, but GAAP results showed a $0.30-per-sh more_horizontal

Impinj, Inc. (NASDAQ:PI ) Q2 2023 Earnings Conference Call July 26, 2023 5:00 PM ET Company Participants Andy Cobb – Vice President-Strategic Financ more_horizontal

Impinj (PI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of more_horizontal