SEATTLE (AP) — SEATTLE (AP) — Impinj Inc. (PI) on Wednesday reported a loss of $25.3 million in its first quarter.
The Seattle-based company said it had a loss of 83 cents per share. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.
The provider of radio frequency identification products posted revenue of $74.3 million in the period.
For the current quarter ending in June, Impinj expects its per-share earnings to range from 77 cents to 82 cents.
The company said it expects revenue in the range of $103 million to $106 million for the fiscal second quarter.
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