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Dec 31, 2024
Impinj Q4 2024 Earnings Report
Expected Revenue:$93M
+36.2% YoY
Expected EPS:$0.48
+2009.9% YoY
Key Takeaways
Impinj reported Q4 revenue of $91.6 million, a GAAP net loss of $2.7 million, and a non-GAAP net income of $14.5 million.
Revenue of $91.6 million.
GAAP gross margin of 50.5%; non-GAAP gross margin of 53.1%.
GAAP net loss of $2.7 million, or loss of $0.09 per diluted share.
Non-GAAP net income of $14.5 million, or income of $0.48 per diluted share.
Impinj
Impinj
Forward Guidance
Impinj anticipates first-quarter 2025 revenue between $70.0 million and $73.0 million, GAAP net loss between ($16.8) million and ($15.3) million, and non-GAAP net income between $1.7 million and $3.2 million.
Positive Outlook
- Revenue between $70.0 to $73.0 million.
- Adjusted EBITDA income $1.1 to $2.6 million.
- Non-GAAP Net income $1.7 to $3.2 million.
- GAAP Weighted-average shares — basic and diluted 28.6 to 28.8 million
- Non-GAAP Weighted-average shares — diluted 30.1 to 30.3 million
Challenges Ahead
- GAAP Net loss ($16.8 ) to ($15.3 ) million.
- GAAP Net loss per share — basic and diluted ($0.59) to ($0.53)
- Non-GAAP Net income per share — diluted $0.06 to $0.11
- First-quarter headwinds
- Actual results may differ materially