Impinj, Inc. Stock News

SEATTLE--(BUSINESS WIRE)-- #AI--New Impinj research reveals top headaches for supply chain leaders and highlights the need for data accuracy to bolster supply chain integrity.

It may come as a surprise to some that, broadly speaking, semiconductor stocks have underperformed in 2024. The PHLX Semiconductor Sector Index, a widely used proxy for semiconductor industry performance, has returned 21% this year.

This stock has been on a stellar run in 2024. It offers an alternative way to play a semiconductor space dominated by AI giant Nvidia.

Impinj NASDAQ: PI is a mid-cap chip stock that has quietly had a great year in 2024. The stock has returned over 93%, placing it among the top five best returning semiconductor stocks in the United States.

SEATTLE--(BUSINESS WIRE)--Impinj to Participate in Upcoming Investor Conferences.

Impinj Inc. is experiencing growth acceleration, driven by strong demand for its Endpoint IC products and expanding gross margins, confirming a new growth cycle. The latest earnings report shows a 46% y/y revenue increase, with significant growth in the Endpoint IC segment and improved EBITDA margins. Despite solid fundamentals and growth momentum, the current valuation has priced in near-term ...

Impinj, Inc. (NASDAQ:PI ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Andy Cobb - Vice President of Strategic Finance Chris Diorio - Co-Founder and Chief Executive Officer Cary Baker - Chief Financial Officer Hussein Mecklai - Chief Operating Officer Conference Call Participants Jim Ricchiuti - Needham & Company Harsh Kumar - Piper Sandler Troy Jensen - Can...

Tracking-chip maker Impinj handily beat analyst estimates for the third quarter and with its guidance for the current period. PI stock jumped.