Impinj Q2 2020 Earnings Report
Key Takeaways
Impinj reported a revenue of $26.5 million for Q2 2020. The company experienced a GAAP net loss of $17.5 million, or $0.77 per diluted share, and a non-GAAP net loss of $5.6 million, or $0.25 per diluted share.
Revenue of $26.5 million
GAAP gross margin of 49.0%; non-GAAP gross margin of 51.4%
GAAP net loss of $17.5 million, or loss of $0.77 per diluted share
Non-GAAP net loss of $5.6 million, or loss of $0.25 per diluted share
Impinj
Impinj
Forward Guidance
Impinj is continuing to monitor the impact of Covid-19 on its business. Given the uncertainty regarding the duration and severity of the epidemiological, economic and operational impacts of Covid-19, Impinj cannot reasonably estimate the pandemic’s impact on its operating results for third-quarter 2020 or future periods.