Impinj, Inc. (PI)
93% Gain for Impinj Stock—Here's Why It Could Climb Higher
Impinj NASDAQ: PI is a mid-cap chip stock that has quietly had a great year in 2024. The stock has returned over 93%, placing it among the top five best returning semiconductor stocks in the United States.
Impinj: Solid Performance, But The Near-Term Upside Is Limited
Impinj Inc. is experiencing growth acceleration, driven by strong demand for its Endpoint IC products and expanding gross margins, confirming a new growth cycle. The latest earnings report shows a 46% y/y revenue increase, with significant growth in the Endpoint IC segment and improved EBITDA margins. Despite solid fundamentals and growth momentum, the current valuation has priced in near-term upside.
Impinj Q3 Earnings Beat Estimates, Stock Falls on Weak Q4 Guidance
Impinj delivers solid Q3 results, driven by strong demand. Weak future guidance raises concerns.
Impinj, Inc. (PI) Q3 2024 Earnings Call Transcript
Impinj, Inc. (NASDAQ:PI ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Andy Cobb - Vice President of Strategic Finance Chris Diorio - Co-Founder and Chief Executive Officer Cary Baker - Chief Financial Officer Hussein Mecklai - Chief Operating Officer Conference Call Participants Jim Ricchiuti - Needham & Company Harsh Kumar - Piper Sandler Troy Jensen - Cantor Fitzgerald Christopher Rolland - Susquehanna Guy Hardwick - Freedom Capital Markets Scott Searle - ROTH Capital Mark Lipacis - Evercore Operator Welcome to the Impinj Third Quarter 2024 Financial Results Earnings Conference Call and Webcast. All participants will be in a listen-only mode.
Impinj (PI) Surpasses Q3 Earnings and Revenue Estimates
Impinj (PI) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to break-even earnings per share a year ago.
Tracking-Chip Maker Impinj Homes In On Beat-And-Raise Report
Tracking-chip maker Impinj handily beat analyst estimates for the third quarter and with its guidance for the current period. PI stock jumped.
Impinj, Inc. (PI) Hits Fresh High: Is There Still Room to Run?
Impinj (PI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Why Impinj Stock Was Soaring Today
Investors responded favorably to news that Impinj is joining the S&P Small-Cap index. The stock has soared in recent years.
Impinj: A New Growth Cycle
Impinj is expected to experience robust growth over the next few years, with potential gross margin expansion. The company helps clients with asset management using RAIN RFID technology, with APAC being the largest revenue region. Focus on expanding into new markets like food and DPP drives potential long-term growth.
What Makes Impinj (PI) a New Strong Buy Stock
Impinj (PI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
What Are the Hottest IoT Stocks Right Now? 3 Top Picks.
In its broadest sense, the Internet of Things (IoT) means anything that can be connected to the internet. Think your bread toaster, wearable items, your fridge and even your dog collar all connected to the internet.
Why Impinj Stock Was Climbing Today
In the seasonally strong Q2, the RFID specialist posted impressive results. Margins expanded significantly.
