NASDAQ$PI

Impinj Inc. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Impinj's fourth-quarter results capped a strong close to a turbulent year, with investments in opportunity, new product families, significant end-user success milestones, and a solidified structural advantage.

Impinj reported revenue of $36.4 million for the fourth quarter of 2020. The GAAP net loss was $15.7 million, or $0.68 per diluted share, and the non-GAAP net loss was $3.5 million, or $0.15 per diluted share.

  • Revenue was $36.4 million.
  • GAAP gross margin was 47.8%, while non-GAAP gross margin was 50.4%.
  • GAAP net loss was $15.7 million, or $0.68 per diluted share.
  • Non-GAAP net loss was $3.5 million, or $0.15 per diluted share.

Headline financials

Total Revenue

$36.4M

Previous: $40.8M-10.7%
EPS (adj)

-$0.15

Previous: $0.03-600.0%
Non-GAAP Gross Margin

50.4%

Previous: 50.6%-0.4%
Capital Expenditures

$738K

No prior period
Free Cash Flow

-$4.06M

No prior period
Net Income

-$15.7M

Previous: -$7.68M-104.6%
Operating Income

-$14.4M

Previous: -$6.82M-110.9%
Gross Profit

$17.4M

Previous: $19.9M-12.6%
Cash & Equivalents

$23.6M

Previous: $66.9M-64.7%
Total Assets

$208M

Previous: $215M-3.5%
Stock-Based Comp

$10.2M

No prior period

Revenue & EPS history

Impinj · Revenue · Quarterly

$36.4M

Q4 2020-10.7%vs Q4 2019
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Forward guidance

Impinj anticipates revenue between $41.0 million and $43.0 million for the first quarter of 2021. GAAP net loss is projected to be between ($13.8) million and ($12.8) million, and non-GAAP net loss is expected to be between ($3.5) million and ($2.0) million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+1.1%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+6.5%

Avg return

30 days after

53%

21 / 40 earnings

Positive

+36.6%

Q1 2019

Best reaction

-39.4%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%+24.9%+25.6%
Q4 2025-24.6%-30.5%-38.7%
Q3 2025-14.7%-27.4%-29.0%
Q1 2025+16.5%+16.4%+45.3%
Q4 2024-15.2%-16.3%-20.9%
Q3 2024-14.0%-8.0%-14.5%
Q2 2024-1.4%+1.2%+1.3%
Q1 2024+25.8%+27.3%+34.5%
Q4 2023+2.7%-3.8%+8.3%
Q3 2023+16.0%+13.8%+55.5%
Q2 2023-13.7%-17.0%-23.9%
Q1 2023-39.4%-36.7%-26.0%
Q4 2022-2.7%-1.1%-1.5%
Q3 2022+30.9%+30.2%+38.5%
Q2 2022+21.6%+26.9%+36.0%
Q1 2022-0.8%+2.3%-4.7%
Q4 2021-15.4%-18.5%-30.1%
Q3 2021+23.9%+26.9%+29.5%
Q2 2021+7.6%+11.6%+44.6%
Q1 2021-17.6%-9.6%-8.4%
Q4 2020+9.1%+8.3%-6.7%
Q3 2020-5.9%-9.8%+20.9%
Q2 2020-18.3%-15.6%-14.0%
Q1 2020+12.2%+5.1%+37.8%
Q4 2019-17.6%-25.1%-51.6%
Q3 2019+2.3%-0.3%-10.5%
Q2 2019+10.5%+0.5%+0.9%
Q1 2019+36.6%+38.4%+14.8%
Q4 2018+2.1%+2.0%-1.3%
Q3 2018+3.3%+24.2%+17.4%
Q2 2018+34.7%+33.8%+7.6%
Q1 2018+33.7%+31.3%+57.6%
Q4 2017-14.3%-6.6%+5.3%
Q3 2017-36.9%-29.7%-28.1%
Q2 2017-23.5%-23.7%-20.5%
Q1 2017+12.6%+6.5%+25.4%
Q4 2016-14.6%-21.0%-21.3%
Q3 2015+1.1%+11.8%+33.8%
Q3 2016+9.7%+10.8%+6.5%
Q2 2016+21.2%+43.6%+64.5%
Q1 2016
Q4 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q1 2011
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro