Impinj Faces New Week After Friday Loss
Impinj shares fell 3.75% to $151.00 Friday, trimming gains from earlier in the week but closing above last week’s $149.76. CFO Cary Baker will speak June 2 at the Evercore Global TMT Conference. The company recently forecast second-quarter revenue of $103–106 million and adjusted EBITDA of $27.8–29.3 million. Management continues to flag macroeconomic uncertainty despite strong guidance.