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
€145.30
3.140%
With 15 Buy predictions and not the single Sell prediction the community is currently very high on Impinj Inc.
With a target price of 166 € there is a slightly positive potential of 14.25% for Impinj Inc compared to the current price of 145.3 €.
