This Earnings Season, Normalcy Is Bad News

“So far in all the earnings reports, 'normalize' and 'optimize' are code words for 'weaker' and/or 'softer,’” said Peter Boockvar of Bleakley Advisory Group. Read More...


Why Are Impinj Shares Trading Up Today

Impinj, Inc (NASDAQ: PI) shares are trading higher Friday after it plunged Thursday following mixed first-quarter results and an outlook that trailed expectations. Impinj clocked revenue growth of 61% year-on-year to $85.9 million Wednesday, beating the consensus of $83.6 million. Adjusted EPS of $0.30 missed the consensus of $0.33. Analysts lowered their price targets to reflect the RAIN RFID business ramp-up timing. Goldman Sachs analyst Toshiya Hari maintained Impinj with a Buy and lowered th

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