Fiscal Year Earnings Estimate on Impinj, Inc.(PI)

Impinj, Inc.(PI): For the most recent quarter end, Impinj, Inc. reported Annual Earnings of $0.01. Based on the filings, last years Annual Earnings was, $-0.76. For the most recent quarter end, PI reported a surprise Earnings per Share of -88.89% . The consensus estimate for current quarter is $-0.02 and for the current fiscal year, the estimate is $0.29. For the Next fiscal year, the estimate is $0.4 based on the consensus.

Impinj, Inc. has received $-0.02 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. Impinj, Inc. results fell short with a surprise EPS of -88.89% or $-0.08. The Actual EPS was $0.01 compared to the Estimated EPS of $0.09 during its most recent quarterly earnings.

Impinj, Inc. (NASDAQ:PI) witnessed a decline in the market cap on Wednesday as its shares dropped 1.18% or 0.34 points. After the session commenced at $29.14, the stock reached the higher end at $29.49 while it hit a low of $28.35. With the volume soaring to 1,052,822 shares, the last trade was called at $28.49. The company has a 52-week high of $41.91. The company has a market cap of $579 million and there are 20,307,522 shares in outstanding. The 52-week low of the share price is $16.3601.

Impinj, Inc. is a provider of referral and information network radio frequency identification solutions to the retail, pharmaceutical, healthcare, food and beverage and other industries. The companys products include Indy Reader Chips which consists of integrated radio chips and supporting SDKs; Monza Tag Chips, which deliver memory options and extended features to RFID tags and Speedway fixed RFID readers and antennas for RFID-based information. Impinj, Inc. is based in Seattle, Washington.


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