Flexible Electronics News

Impinj Reports 4Q, Full Year 2021 Financial Results

Company reports 2021 revenue of $190.3 million, GAAP gross margin of 52%.

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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, 2021.  “Our fourth-quarter results capped a strong close to an exceptional year,” said Chris Diorio, Impinj co-founder and CEO. “We delivered record bookings, revenue and adjusted EBITDA while launching key new products, investing in our team, building our 300mm post-processing capacity and accelerating our Impinj M700 endpoint IC ramp.” In the fourth quarter of 2021, Impinj reported revenue of $52.6...

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