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Added to YB: 2024-06-06

Pitch date: 2024-03-31

PI [bullish]

Impinj, Inc.

+19.43%

current return

Author Info

No bio for this author

Company Info

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Market Cap

$5.9B

Pitch Price

$128.35

Price Target

N/A

Dividend

N/A

EV/EBITDA

338.48

P/E

-3.2K

EV/Sales

16.65

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Alger Weatherbie Specialized Growth Fund Portfolio Holding: Impinj, Inc.

PI: Q4 beat on strong rev growth & profitability. Guidance raised as N. American retail recovers & channel inventory normalizes post H2 '23 headwinds. Large enterprise deployments on track, enabling new RFID use cases in supply chain & logistics. Litigation settlement with competitor includes future licensing fee.

Read full article (1 min)