Impinj, Inc. today announced that it expects its fourth-quarter 2024 revenue to be within its previously issued guidance range of $91.0 million to $94.0 million. This reiteration signals confidence in the company's performance as the year concludes.
The company also confirmed that its adjusted EBITDA for the fourth quarter is expected to fall within its prior guidance of $13.6 million to $15.1 million. This consistency in financial outlook provides clarity to investors regarding the company's operational profitability.
This announcement comes ahead of Impinj's participation in the 27th Annual Needham Growth Conference, where CEO Chris Diorio and CFO Cary Baker are scheduled to present. The reaffirmation of guidance suggests that the company's internal projections remain on track.
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