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Company sets record for first quarter revenue.
April 29, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Impinj, Inc. released its financial results for the first quarter ended March 31, 2020. The company reported first quarter 2020 revenue of $47.8 million, GAAP gross margin of 44.7%, non-GAAP gross margin of 46.1% and GAAP net loss of $4.3 million, or loss of $0.19 per diluted share using 22.4 million shares “Our first-quarter revenue was strong, setting another company record,” said Chris Diorio, Impinj co-founder and CEO. “Despite the prevailing sentiment in many of our end markets being nega...
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