Seattle-based Impinj saw its stock fall more than 30% in after-hours trading Thursday as investors reacted to a weak outlook for early 2026.
- The RFID technology company reported fourth quarter revenue of $92.8 million, up slightly from a year earlier, and meeting estimates. Earnings per share was $0.50, just missing expectations.
- The company’s forecast for Q1 came in well below estimates, projecting revenue of $71 million to $74 million, and earnings per share between $0.08 and $0.13.
- In their earnings remarks, Impinj executives pointed to a convergence of short-term headwinds weighing on demand, including retailer inventory reductions, weaker apparel orders, and customer order timing shifts.
