Stock Track | Impinj Soars 18.75% After-Hours on Strong Q1 Results and Record Bookings

Stock Track

04/30

Impinj's stock surged 18.75% in after-hours trading on Wednesday, following the release of the company's first-quarter 2026 financial results.

The RAIN RFID provider reported quarterly revenue of $74.25 million, beating analyst expectations of $72.46 million. While the company posted a GAAP net loss, its adjusted earnings per share of $0.14 met consensus estimates.

The significant after-hours gain appears to be driven by the company's record endpoint IC bookings and a strong outlook for the second quarter. Impinj provided Q2 revenue guidance of $103 million to $106 million and forecast non-GAAP earnings per share between $0.77 and $0.82, indicating robust growth expectations for the coming quarter.

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