Flexible Electronics News

Impinj Reports 4Q 2019 Financial Results

Full year 2019 revenue was $152.8 million, with GAAP gross margin of 48.4%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Impinj, Inc. released its financial results for the fourth quarter and year ended Dec. 31, 2019. Full year 2019 revenue was $152.8 million, with GAAP gross margin of 48.4%; non-GAAP gross margin was 50.2%. GAAP net loss of $23 million, or loss of $1.05 per diluted share using 21.8 million shares. Impinj’s 4Q 2019 revenue was $40.8 million, with GAAP gross margin of 48.8% and non-GAAP gross margin of 50.6%. GAAP net loss was $7.7 million, or loss of $0.35 per diluted share using 22.2 million sh...

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