Impinj's Growth Slows to a Crawl

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.

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Q3 2017

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Source: Fool.com