The Latest Breaking News from Impinj

Wall Street just issued big upgrades on several notable chip stocks. LRCX's strong upside potential and MPWR's history of beating forecasts are key takeaways.

Impinj Inc. (NASDAQ:PI) witnessed a 22.67% surge in its stock price after-hours, after the company released its second-quarter financial results.

Impinj has nearly reached double-bagger returns through 2024, and Wall Street still see solid upside. This chip stock has a big opportunity.

Summary Impinj, Inc. (PI) is a leading RFID company with a 24.25% gain since the Trend Seeker buy signal on 9/9. The company operates a cloud connectivity platform, serving various industries with endpoint ICs, reader ICs, readers, gateways, software, and algorithms. Barchart's technical indicators show 100% buy signals, a 239.50+...

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According to data from Benzinga Pro, during Q1, Impinj's (NASDAQ:PI) reported sales totaled $53.14 million. Despite a 47.73% increase in earnings, the company posted a loss of $10.46 million.

Impinj (NASDAQ:PI) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Impinj will report an earnings per share (EPS) of $-0.01.