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Reports revenue of $33.1 million, GAAP gross margin of 48%.
May 1, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Impinj, Inc. released its financial results for the first quarter ended March 31, 2019. The first quarter 2019 financial summary includes revenue of $33.1 million, GAAP gross margin of 48%, and GAAP net loss of $7.1 million, or loss of $0.33 per diluted share using 21.5 million shares. “First-quarter results were strong, with revenue, net loss and adjusted EBITDA loss outperforming our guidance and revenue a record for a first quarter,” said Chris Diorio, Impinj co-founder and CEO. “We also ...
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