Impinj, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 76.83 million compared to USD 85.9 million a year ago. Net income was USD 33.34 million compared to net loss of USD 4.36 million a year ago.

Basic earnings per share from continuing operations was USD 1.22 compared to basic loss per share from continuing operations of USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 1.1 compared to diluted loss per share from continuing operations of USD 0.17 a year ago.