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January 25, 2025

PI

Impinj Reiterates Q4 2024 Guidance

Impinj, Inc. has reiterated its fourth-quarter 2024 revenue and adjusted EBITDA guidance. The company expects its revenue for the period to be within the range of $91.0 to $94.0 million, and its adjusted EBITDA to be within the range of $13.6 to $15.1 million.

These figures indicate that the company's revenue and adjusted EBITDA are in line with its previous guidance, suggesting stability in its financial performance for the fourth quarter of 2024.

Impinj's CEO and CFO are scheduled to participate in a fireside chat at the 27th Annual Needham Growth Conference on January 15, 2025. Additionally, the company will release its financial results for the fourth quarter and full year ended December 31, 2024, after the U.S. markets close on February 5, 2025.

Interested parties will be able to access a live webcast and replay of the presentation on the company’s website. Furthermore, a conference call and webcast to discuss the fourth-quarter and full-year 2024 results and the first-quarter 2025 outlook will be held at 5:00 p.m. ET / 2:00 p.m. PT on the same day.

Following the call, a telephonic replay will be available for five business days. Impinj plans to make management’s prepared written remarks, quarterly financial data, and the financial-results press release available on its website on February 5, 2025.

This update provides stakeholders with a clear outlook on Impinj's financial performance and the company's plans for communicating its results and outlook to investors and other interested parties. Today the company's shares have moved -7.6% to a price of $137.95. For the full picture, make sure to review Impinj's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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