Impinj reported strong third-quarter results for 2025, with revenue and adjusted EBITDA surpassing expectations, driven by record endpoint IC volumes despite some market headwinds.
- Revenue reached $96.1 million, reflecting a slight decline sequentially but a 1% year-over-year increase.
- Endpoint IC revenue exceeded expectations at $78.8 million, boosted by strong demand in supply chain and logistics.
- Gen2X product solutions continue to enhance market position, with ongoing development targeting food and e-commerce applications.
- Conservative ordering is expected to impact fourth-quarter reader revenue, indicating cautious sentiment among partners and end users.
- Impinj's commitment to expanding technical capabilities is underscored by the recent hiring of an SVP of SaaS and Cloud Services.
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