Flexible Electronics News

Impinj Reports 2Q 2024 Financial Results

Revenue was $102.5 million, with adjusted EBITDA of $26.8 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Impinj, Inc. released its financial results for the second quarter ended June 30, 2024. “Our second-quarter results were strong, setting several new records,” said Chris Diorio, Impinj co-founder and CEO. “Revenue topped $100 million and adjusted EBITDA topped $25 million, both well above our guidance. Free cash flow topped $40 million. As we continue driving our bold vision to connect every item in our everyday world, I remain confident in our market position and energized by the opportunit...

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