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Impinj PI reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Impinj beat estimated earnings by 650.0%, reporting an EPS of $0.11 versus an estimate of $-0.02.
Revenue was up $12.53 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 0.99% drop in the share price the next day.
Here’s a look at Impinj’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | 0.02 | -0.10 | -0.04 |
| EPS Actual | 0.09 | 0.16 | -0.04 | 0.11 |
| Revenue Estimate | 51.20M | 51.06M | 44.15M | 42.69M |
| Revenue Actual | 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 |
| EPS Actual | 0.09 | 0.16 | -0.04 | 0.11 |
| Revenue Estimate | 51.20M | 51.06M | 44.15M | 42.69M |
| Revenue Actual | 53.14M | 52.57M | 45.19M | 47.27M |
To track all earnings releases for Impinj visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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