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Jun 30, 2021
Impinj Q2 2021 Earnings Report
Second quarter results were strong, exceeding revenue and profitability guidance.
Key Takeaways
Impinj reported strong second-quarter results, exceeding revenue and profitability guidance. The company delivered a record bookings quarter and record adjusted EBITDA.
Revenue of $47.3 million
GAAP gross margin of 52.4%; non-GAAP gross margin of 54.5%
GAAP net loss of $8.9 million, or loss of $(0.37) per diluted share
Non-GAAP net income of $2.7 million, or income of $0.11 per diluted share
Impinj
Impinj
Forward Guidance
Impinj's financial outlook for the third quarter 2021 includes revenue between $43.0 to $45.0 million and a GAAP net loss between ($15.7) to ($14.7) million.