Impinj (PI) reported Q1 non-GAAP earnings late Wednesday of $0.21 per diluted share, unchanged from a year earlier.
Analysts polled by FactSet expected $0.08.
Revenue for the quarter ended March 31 was $74.3 million, compared with $76.8 million a year earlier.
Analysts surveyed by FactSet expected $71.7 million.
For Q2, the company said it expects adjusted earnings of $0.68 to $0.76 per diluted share on revenue of $91 million to $96 million. Analysts surveyed by FactSet expect earnings of $0.60 per share on revenue of $92.3 million.
The company's shares gained more than 17% in after-hours activity Wednesday.
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