PI Earnings Prediction
The chart below shows how PI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PI sees a -1.58% change in stock price 10 days leading up to the earnings, and a +2.51% change 10 days following the report. On the earnings day itself, the stock moves by -0.49%. This data can give you a slight idea of what to expect for the next quarter's release.
PI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
95.20M
46.45%
-7.12%
Gross Margin
49.44%
4.46%
-11.13%
Operating Margin
-0.81%
-96.35%
-109.17%
Net Margin
0.23%
100.95%
-97.63%
EPS
0.01
101.69%
-97.06%
No Data Available
PI Earnings Analysis
Impinj, Inc. Common Stock Corporation (PI.O) Earnings Conference Call
Positive
Quarterly Revenue Increase: Third quarter revenue was $95.2 million, up 46% year-over-year from $65 million in third quarter 2023.
IC Revenue Surge: Third quarter end point IC revenue was $81 million, up 67% year-over-year from $48.6 million in third quarter 2023.
Endpoint IC Revenue Growth: Excluding the $15 million second quarter licensing revenue, end point IC revenue grew 9% sequentially.
Quarterly Systems Revenue Increase: Third quarter systems revenue was $14.2 million, up 9% sequentially from $13.1 million in second quarter 2024.
Adjusted EBITDA Performance: Third quarter adjusted EBITDA was $17.3 million, with an adjusted EBITDA margin of 18.2%.
Negative
Quarterly Revenue Analysis: Third quarter revenue was $95.2 million, down 7% sequentially from $102.5 million in second quarter 2024, and up 46% year-over-year from $65 million in third quarter 2023.
Quarterly IC Revenue Analysis: Third quarter end point IC revenue was $81 million, down 9% sequentially from $89.4 million in second quarter 2024 and up 67% year-over-year from $48.6 million in third quarter 2023.
EBITDA Comparison Analysis: Third quarter adjusted EBITDA was $17.3 million, compared with $26.8 million in second quarter 2024 and $30 million in third quarter 2023.
Net Income Overview: Third quarter GAAP net income was $200,000. Third quarter non-GAAP net income was $16.9 million or $0.56 per share on a fully-diluted basis.
Gross Margin Comparison: Third quarter gross margin was 52.4%, compared with 58.2% in second quarter 2024, and 50.5% in third quarter 2023.
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PI Earning Call Sentiment
Impinj, Inc. (PI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
PI.O
0.34%Positive
The earnings call reveals strong financial performance, including a significant revenue increase and improved margins. The Q&A highlights potential growth in the systems segment and a strategic Qualcomm partnership. Despite some uncertainties in logistics customer penetration and Qualcomm timelines, the overall sentiment is positive, supported by optimistic guidance and strong cash flow. Considering the company's market cap, the stock price is likely to experience a positive movement in the range of 2% to 8% over the next two weeks.