Impinj Q3 revenue rises to $95.2 million; GAAP net income $0.2 million
Impinj reported third-quarter 2024 revenue of $95.2 million, up from $65.0 million a year earlier, and GAAP net income of $0.2 million, compared with a GAAP net loss of $15.8 million in the prior-year quarter. The company said results were well above its guidance, and it issued fourth-quarter revenue guidance of $91.0 million to $94.0 million with a GAAP net loss expected between $3.8 million and $2.3 million.
Key points
- Q3 2024 revenue was $95.2 million, versus $65.0 million in Q3 2023.
- GAAP net income was $0.2 million, or $0.01 per diluted share, versus a GAAP loss of $0.59 per share a year earlier.
- Adjusted EBITDA was $17.3 million, versus $257,000 in the prior-year quarter.
- Q4 2024 guidance: revenue of $91.0 million to $94.0 million; GAAP net loss per share of $0.14 to $0.08 (basic and diluted).
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.