Impinj(PI) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Impinj Reports Second Quarter 2024 Financial Results SEATTLE, WA, July 24, 2024– Impinj, Inc. (NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the second quarter ended June 30, 2024. "Our second-quarter results were strong, setting several new records," said Chris Diorio, Impinj co-founder and CEO. "Revenue topped $100 million and adjusted EBITDA topped $25 million, both well above our guidance. Free cash flow topped $40 million ...