Impinj Q2 2024 Adj EPS $0.83 Beats $0.74 Estimate, Sales $102.500M Beat $97.520M Estimate
Portfolio Pulse from Benzinga Newsdesk
Impinj (NASDAQ: PI) reported Q2 2024 adjusted EPS of $0.83, beating the estimate of $0.74. Sales were $102.5M, surpassing the $97.52M estimate and showing a 19.21% increase from the same period last year.
July 24, 2024 | 8:16 pm
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Impinj reported strong Q2 2024 results with EPS of $0.83 beating estimates by 12.16% and sales of $102.5M exceeding expectations by 5.11%. Sales increased by 19.21% YoY.
The strong earnings and revenue beat, along with significant year-over-year growth, are likely to positively impact Impinj's stock price in the short term.
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