Impinj Reaffirms Q4 Revenue Guidance; Shares Fall After Hours-March 2024-www.financetom.com

Impinj Reaffirms Q4 Revenue Guidance; Shares Fall After Hours

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Impinj Reaffirms Q4 Revenue Guidance; Shares Fall After Hours

Jan 14, 2025 2:12 PM

04:49 PM EST, 01/14/2025 (MT Newswires) -- Impinj ( PI ) said Tuesday it continues to expect Q4 revenue of $91 million to $94 million.

Analysts polled by FactSet expect $93 million.

The company reaffirmed its Q4 guidance, including adjusted EBITDA of between $13.6 million and $15.1 million. Three analysts surveyed by FactSet expect EBITDA of $15.4 million.

Impinj ( PI ) said it will release its Q4 and full-year 2024 results after US markets close on Feb. 5.

Shares of the company were down 3.6% in after-hours activity.

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