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Impinj, Inc. (PI)
After hours:
| Previous close | 120.91 |
| Open | 130.28 |
| Bid | 155.28 x 100 |
| Ask | 155.61 x 100 |
| Day's range | 129.95 - 156.40 |
| 52-week range | 48.39 - 156.40 |
| Volume | |
| Avg. volume | 364,622 |
| Market cap | 4.231B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.62 |
| Earnings date | 24 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 135.33 |
Investor's Business DailyDow Jones Cuts Losses After Plunging 700 Points; Stock Market Up After Hours As Microsoft, Alphabet Surge
The Dow Jones Industrial Average trimmed what was a 700-point loss by nearly half by the close Thursday and is still trying to recover from an earnings-fueled drop courtesy of component Caterpillar. Alphabet announced a dividend on common shares and a big share buyback. Other indexes also got hit as Facebook and Instagram operator Meta Platforms led techs lower, as it plunged as much as 16% on the stock market today.
StockStoryImpinj (PI) Shares Skyrocket, What You Need To Know
Shares of RFID manufacturer Impinj (NASDAQ:PI) jumped 18.4% in the morning session after the company reported first-quarter results with strong improvement in inventory levels. Its revenue and EPS also outperformed Wall Street's estimates during the quarter. The topline benefitted from strong demand in the endpoint IC segment, with sales up 14% sequentially, ahead of analysts' expectations, and offsetting the underperformance in the systems segment. Adding to the good news was guidance that came
Barrons.comShares of Internet of Things Play Impinj Soar on Strong Earnings and Outlook
Impinj stock skyrocketed Thursday after the chip provider offered robust guidance and better-than-expected earnings. For the March quarter, Impinj posted revenue of $76.8 million, with adjusted earnings of 21 cents a share. The company’s guidance had called for revenue between $72 million and $75 million, and adjusted earnings of 8 to 13 cents a share.
