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Impinj (PI) Tops Q1 Earnings and Revenue Estimates
PIImpinj(PI) ZACKS·2025-04-23 23:05

Group 1: Earnings Performance - Impinj reported quarterly earnings of 0.21pershare,exceedingtheZacksConsensusEstimateof0.21 per share, exceeding the Zacks Consensus Estimate of 0.09 per share, with an earnings surprise of 133.33% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - Impinj's revenues for the quarter ended March 2025 were 74.28million,surpassingtheZacksConsensusEstimateby4.0874.28 million, surpassing the Zacks Consensus Estimate by 4.08%, although this represents a decline from 76.83 million year-over-year [2] Group 2: Stock Performance and Outlook - Impinj shares have declined approximately 48.9% since the beginning of the year, compared to a 10.1% decline in the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is 0.60onrevenuesof0.60 on revenues of 93.9 million, and for the current fiscal year, it is 1.47onrevenuesof1.47 on revenues of 360.1 million [7] Group 3: Industry Context - The Electronics - Semiconductors industry, to which Impinj belongs, is currently ranked in the top 16% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Impinj's stock performance [5]