Impinj (PI) reported Q1 non-GAAP earnings late Wednesday of $0.21 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.08.

Revenue for the quarter ended March 31 was $74.3 million, compared with $76.8 million a year earlier.

Analysts surveyed by FactSet expected $71.7 million.

For Q2, the company said it expects adjusted earnings of $0.68 to $0.76 per diluted share on revenue of $91 million to $96 million. Analysts surveyed by FactSet expect earnings of $0.60 per share on revenue of $92.3 million.

The company's shares gained more than 17% in after-hours activity Wednesday.