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Dec 31, 2020
Impinj Q4 2020 Earnings Report
Impinj's fourth-quarter results capped a strong close to a turbulent year, with investments in opportunity, new product families, significant end-user success milestones, and a solidified structural advantage.
Key Takeaways
Impinj reported revenue of $36.4 million for the fourth quarter of 2020. The GAAP net loss was $15.7 million, or $0.68 per diluted share, and the non-GAAP net loss was $3.5 million, or $0.15 per diluted share.
Revenue was $36.4 million.
GAAP gross margin was 47.8%, while non-GAAP gross margin was 50.4%.
GAAP net loss was $15.7 million, or $0.68 per diluted share.
Non-GAAP net loss was $3.5 million, or $0.15 per diluted share.
Impinj
Impinj
Forward Guidance
Impinj anticipates revenue between $41.0 million and $43.0 million for the first quarter of 2021. GAAP net loss is projected to be between ($13.8) million and ($12.8) million, and non-GAAP net loss is expected to be between ($3.5) million and ($2.0) million.