Impinj Q2 EPS $0.33 Beats $0.30 Estimate, Sales $85.99M Beat $84.99M Estimate
Portfolio Pulse from mahesh@benzinga.com
Impinj (NASDAQ:PI) reported Q2 earnings of $0.33 per share, beating the analyst consensus estimate of $0.30 by 10%. This is a 200% increase from the same period last year. The company also reported quarterly sales of $85.99 million, beating the estimate of $84.99 million by 1.17%, a 43.80% increase from last year.
July 26, 2023 | 8:40 pm
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POSITIVE IMPACT
Impinj's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Impinj's earnings and sales for Q2 have exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100