Impinj Q3 Earnings Beat Estimates, Stock Falls on Weak Q4 Guidance

Impinj's (PI) third-quarter 2024 adjusted earnings of 56 cents per share beat the Zacks Consensus Estimate by 19.15%. The reported figure also marked an improvement from the year-ago quarter's break-even results. PI's earnings beat the Zacks Consensus average Estimate in the trailing four quarters, which is commendable. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues increased 46.4% year over year to $95.2 million and beat the consensus mark by 2.36%. However, PI shares lost ...