Impinj (PI) Reports Q4 2024 Earnings with Mixed Financial Results
Impinj (PI) reported Q4 2024 revenue of $91.6 million, a 4% sequential decline but a 30% year-over-year increase. Endpoint IC revenue fell 9% sequentially but rose 37% year-over-year, while systems revenue increased 23% sequentially. The company's gross margin improved to 53.1% for the quarter.
Tickers: $PI
Topics: Earnings Financial Performance Margin Analysis Revenue