From Nasdaq:

Impinj’s stock jumped 11.4% as the company released preliminary results ahead of a presentation at the 26th Annual Needham Growth Conference. Fourth-quarter revenue is expected to exceed $70 million, and adjusted EBITDA is set to exceed $2.5 million. The presentation credits the company’s strong operational execution for these results. Impinj’s co-founder and CEO will release the company’s official fiscal fourth-quarter results at the beginning of February. However, Impinj ranked outside the 10 best stocks to watch according to the Motley Fool Stock Advisor team, and it was suggested that investors do further research before investing.



Read more: Why Impinj Stock Popped Today