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Sep 30, 2023
Impinj Q3 2023 Earnings Report
Impinj's third quarter results were solid, with profitability exceeding expectations.
Key Takeaways
Impinj reported revenue of $65.0 million for the third quarter of 2023. GAAP net loss was $15.8 million, or $(0.59) per diluted share, while non-GAAP net income was $0.1 million, or $0.00 per diluted share.
Third-quarter results were solid, with profitability exceeding expectations.
Revenue for the third quarter was $65.0 million.
GAAP net loss was $15.8 million, or loss of $(0.59) per diluted share.
Non-GAAP net income was $0.1 million, or income of $0.00 per diluted share.
Impinj
Impinj
Forward Guidance
Impinj anticipates revenue between $65.5 million and $68.5 million for the fourth quarter of 2023, with a GAAP net loss between ($17.0) million and ($15.5) million.