PI - Tech Company Impinj Shares Up On Guidance Boost But Unimpressed Analyst Drops Coverage | Benzinga
Impinj Inc (NASDAQ:PI) shares are trading higher after the company stated it expects better-than-expected fourth-quarter 2023 results.
The company now projects revenue over $70 million, vs. prior guidance of $65.5 million to $68.5 million (vs. consensus of $67.02 million).
Also, PI expects adjusted EBITDA to be more than $2.5 million, vs. prior guidance of ($0.9) million to ...