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Mar 31, 2021
Impinj Q1 2021 Earnings Report
Impinj's first-quarter results were strong, exceeding revenue and profitability guidance.
Key Takeaways
Impinj reported strong first-quarter results, exceeding revenue and profitability guidance. The company delivered a record bookings quarter and sees strong demand and growth opportunities ahead.
Revenue of $45.2 million.
GAAP gross margin of 48.6%.
GAAP net loss of $9.4 million, or loss of $0.40 per diluted share.
Non-GAAP net income of $0.3 million, or income of $0.01 per diluted share.
Forward Guidance
Impinj provided financial outlook for the second quarter 2021. Revenue is expected to be between $41.5 million and $43.5 million. GAAP net loss is expected to be between ($11.4) million and ($10.4) million. Adjusted EBITDA profit (loss) is expected to be between ($1.5) million and $0.0. Non-GAAP net loss is expected to be between ($2.0) million and ($0.5) million. GAAP Net loss per share is expected to be between ($0.47) and ($0.43). Non-GAAP Net loss per share is expected to be between ($0.08) and ($0.02).
Historical Earnings Impact
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Avg. Return Before/After Earnings
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