Why Impinj Delayed Its Earnings Report

Radio-frequency identification (RFID) solutions provider Impinj (NASDAQ: PI) was scheduled to report its second-quarter results on Aug. 6. But an investigation by the audit committee of Impinj's board of directors related to a complaint filed by a former employee has gummed up the works. Impinj has delayed its earnings release, and it won't be able to file its quarterly report until the investigation is complete.The company did provide some preliminary second-quarter numbers, though, and CEO Chris Diorio had some optimistic things to say about the company's turnaround.Image source: Impinj.Continue reading

BING NEWS:
  • Macy’s employee hid up to $154M in expenses; complete earnings report delayed
    During a week that all eyes are on Macy’s the iconic department store chain is making headlines for a reason outside of its annual Thanksgiving Day parade.
    11/25/2024 - 9:13 am | View Link
  • Macy's Q3 results delayed after employee hides millions in expenses
    Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of ...
    11/25/2024 - 4:43 am | View Link
  • A Macy’s employee made accounting errors ‘intentionally,’ hiding up to $154 million in expenses. Now the company’s earnings report is delayed
    The magic of Macy’s was dulled on Monday after the retailer announced that quarterly sales were down—and one of its former employees had made a humongous accounting error on purpose.  Macy’s, a ...
    11/25/2024 - 3:46 am | View Link
  • Macy's finds employee hid $154 million in expenses, earnings report delayed
    Macy's announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, sending its stock plummeting in early trading.
    11/25/2024 - 3:39 am | View Link
  • Impinj Inc.
    The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
    11/21/2024 - 10:59 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News