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Impinj reported revenue of $26.5 million, GAAP gross margin of 49% and non-GAAP gross margin of 51.4% in 2Q 2020.
August 4, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Impinj, Inc. released its financial results for the second quarter ended June 30, 2020. “Covid-19 negatively impacted our second-quarter results, and the continuing uncertainty tempers our third-quarter outlook,” said Chris Diorio, Impinj co-founder and CEO. “Regardless, we see brightness ahead. Endpoint IC bookings are improving, large systems opportunities are accelerating and, longer term, we see adoption accelerating as leading end users leverage the improved visibility, insights, virtualiz...
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