radio frequency identification (RFID) chips
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Here’s Why Impinj (PI) Reported Strong Results in Q3
Yahoo Finance· 2025-10-29 12:15
Core Insights - Carillon Tower Advisers reported a strong performance in equity markets during the third quarter of 2025, driven by AI advancements, reduced inflation from tariffs, and potential interest rate cuts by the U.S. Federal Reserve [1] - The Russell 2000® Growth Index increased by 12.19% in the quarter, slightly underperforming the Russell 2000 Value Index, which rose by 12.60% [1] Company Highlights: Impinj, Inc. (NASDAQ:PI) - Impinj, Inc. experienced a one-month return of 30.51% and a 52-week gain of 17.95%, closing at $235.89 per share with a market capitalization of $6.862 billion on October 28, 2025 [2] - The company provides RFID chips for inventory and asset tracking, showing strong revenue growth that exceeded expectations, with a broadening adoption of RFID technology beyond traditional uses [3] - Impinj's revenue for the second quarter was reported at $97.9 million, marking a 32% sequential increase but a 4% year-over-year decrease [4]