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Dec 31, 2019
Impinj Q4 2019 Earnings Report
Impinj's Q4 2019 financial results were released, showing revenue of $40.8 million and non-GAAP net income of $0.8 million.
Key Takeaways
Impinj reported Q4 2019 revenue of $40.8 million. GAAP net loss was $7.7 million, or $0.35 per diluted share. Non-GAAP net income was $0.8 million, or $0.03 per diluted share.
Revenue was $40.8 million
GAAP gross margin was 48.8%
GAAP net loss was $7.7 million, or loss of $0.35 per diluted share
Non-GAAP net income was $0.8 million, or income of $0.03 per diluted share
Impinj
Impinj
Forward Guidance
Impinj anticipates revenue between $37.0 million and $41.0 million for the first quarter of 2020. GAAP net loss is expected to be between ($9.5) million and ($8.5) million. Adjusted EBITDA is forecasted to be between ($2.3) million and $0.7 million. Non-GAAP net income (loss) is expected to be between ($2.5) million and $0.5 million.