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Revenue grew 36% year-over-year to $26.0 million, with a GAAP gross margin of 52.3%.
September 2, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Impinj, Inc. announced its second quarter 2016 financial results for the period ended June 30, 2016. Impinj reported that revenue grew 36% year-over-year to $26.0 million. GAAP gross margin was 52.3%; non-GAAP gross margin came in at 53.4%. The company reported a GAAP net loss of $0.3 million, adjusted EBITDA of $1.3 million and non-GAAP net income of $0.9 million, or $0.06 per share using 13.9 million shares. “We delivered strong second quarter results. Revenue grew 36% year-over-year t...
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