** Shares of semiconductor company Impinj PI.O up 19.5% at $146 in after-hours trading
** Forecasts Q3 revenue in the range of $91 million to $94 million, surpassing analysts' expectations of $85.92 million
** Sees adjusted net income between 47 cents and 51 cents per share, above estimates of 37 cents
** Posts Q2 revenue of $97.9 million, beating estimates of $93.80 million, as per data compiled by LSEG
** So far this year, stock down ~16%, as of last close
(Reporting by Savyata Mishra in Bengaluru)
((Savyata.Mishra@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.