RFID manufacturer Impinj (NASDAQ:PI) will be reporting earnings tomorrow after market close. Here’s what to look for.

Impinj missed analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $91.57 million, up 29.6% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS estimates and an increase in its inventory levels.

Is Impinj a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Impinj’s revenue to decline 6.8% year on year to $71.6 million, improving from the 10.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.08 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Impinj has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 2.2% on average.

Looking at Impinj’s peers in the semiconductors segment, only Micron has reported results so far. It beat analysts’ revenue estimates by 1.9%, delivering year-on-year sales growth of 38.3%. The stock was down 7.9% on the results.

Read our full analysis of Micron’s earnings results here.

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.