•
Dec 31, 2021
Impinj Q4 2021 Earnings Report
Reported record bookings, revenue and adjusted EBITDA while launching key new products, investing in team, building 300mm post-processing capacity and accelerating Impinj M700 endpoint IC ramp.
Key Takeaways
Impinj reported a strong close to an exceptional year with record bookings, revenue, and adjusted EBITDA.
Revenue of $52.6 million
GAAP gross margin of 55.5%; non-GAAP gross margin of 58.2%
GAAP net loss of $20.0 million, or loss of $0.81 per diluted share using 24.6 million shares
Non-GAAP net income of $4.3 million, or income of $0.16 per diluted share using 26.8 million shares
Impinj
Impinj
Forward Guidance
Impinj provided financial outlook for the first quarter of 2022 based on current market conditions and expectations.