Impinj (NASDAQ:PI) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.40 by 2.5 percent. This is a 156.25 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $76.60 million which beat the analyst consensus estimate of $75.15 million by 1.93 percent. This is a 45.70 percent increase over sales of $52.57 million the same period last year.
Stifel Downgrades CyrusOne to Hold, Announces $90 Price Target
Stifel analyst Erik Rasmussen downgrades CyrusOne (NASDAQ:CONE) from Buy to Hold and announces $90 price target.