Impinj Shares Rise 20% After Q2 Revenue Beats Estimates at $97.9M, Net Income Rises to $11.6M
Impinj's shares jumped over 20% after reporting Q2 revenue of $97.9 million, surpassing expectations despite a slight year-over-year decline. The company also posted a GAAP net income increase to $11.6 million and emphasized its focus on technology leadership and market expansion.
No comments yet.