Impinj (NASDAQ:PI) will announce earnings results after the bell on Wednesday. Last quarter, Impinj beat revenue expectations by 4.3% with revenues of $97.89 million, down 4.5% year on year. This quarter, analysts expect revenue to decline 2.6% to $92.76 million with adjusted earnings of $0.50 per share. Impinj’s peers in the semiconductors segment have reported mixed results, with NXP Semiconductors seeing a 2.4% revenue decrease and Texas Instruments reporting a 14.2% revenue increase. Impinj is heading into earnings with a 33.2% share price increase over the last month and an average analyst price target of $206.63.

Read more at Barchart: What To Expect From Impinj’s (PI) Q3 Earnings