Impinj's Growth Slows to a Crawl
Impinj (NASDAQ: PI), a provider of radio-frequency-identification products and solutions, reported its third-quarter results after the market closed on Nov. 1. Revenue growth nearly ground to a halt during the quarter, and the bottom line plunged into the red. What's worse, Impinj expects to post a revenue decline during the fourth quarter due to slipping endpoint volumes, and management isn't entirely clear on the underlying cause. Here's what investors need to know about Impinj's third-quarter results and fourth-quarter guidance.
Metric
Q3 2017
Source: Fool.com
Impinj Inc Stock
€147.55
2.620%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
As a result the target price of 174 € shows a slightly positive potential of 17.93% compared to the current price of 147.55 € for Impinj Inc.
