Flexible Electronics News

Impinj Reports 4Q, Full Year 2022 Financial Results

RFID specialist delivered record revenue of $257.8 million, adjusted EBITDA of $28.9 million in 2022.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Impinj, Inc. released its financial results for the fourth quarter and year ended Dec. 31, 2022. “2022 was a very strong year for Impinj,” said Chris Diorio, Impinj co-founder and CEO. “We delivered record revenue and adjusted EBITDA, invested in our team, unlocked new opportunities heading into 2023 and advanced our vision of connecting everything.” Fourth Quarter 2022 Financial Summary: • Revenue of $76.6 million. • GAAP gross margin of 52.4%; non-GAAP gross margin of 53.8%. • GAAP net ...

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