By Elias Schisgall
Shares of Impinj were lower after the company reported fourth-quarter adjusted earnings that fell short of Wall Street expectations and guided for a wider loss in the first quarter.
Shares were down 25% at $115.62 in pre-market trading Friday after closing at $153.83. At Thursday's close, the stock had gained 43% over the past year.
The radio-frequency identification technology company on Thursday posted a loss of $1.1 million, or 4 cents a share, compared with a loss of $2.7 million, or 9 cents a share, a year earlier.
On an adjusted basis, the company posted earnings of 50 cents a share. Analysts polled by FactSet were expecting 51 cents a share.
Revenue grew to $92.8 million, up from $91.6 million a year prior. Analysts were expecting $92.3 million.
For the current first quarter, Impinj is expecting revenue of between $71 million and $74 million, with a net loss of between $16.6 million and $15.1 million. It is also forecasting adjusted earnings of between 8 cents and 13 cents a share.
Analysts are looking for adjusted earnings of 11 cents a share and revenue of $72.5 million.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 06, 2026 09:27 ET (14:27 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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