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Revenue grew 50% year-over-year to $31.0 million.
November 7, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Impinj, Inc. announced its financial results for the third quarter ended Sept. 30, 2016. “We delivered a strong third quarter, exceeding our revenue and earnings guidance. Revenue in the quarter grew 50% year-over-year to reach a record $31.0 million, driven primarily by accelerating demand for our endpoint ICs, followed by growing demand for our connectivity products. We view endpoint IC volumes as an indicator of market adoption and are excited by the broad-based demand we saw this quarter...
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