Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Why Impinj (PI) Shares Are Plunging Today

PI Cover Image

What Happened?

Shares of RFID manufacturer Impinj (NASDAQ: PI) fell 25.9% in the pre-market session after the company reported disappointing fourth quarter results, with revenue slightly missing Wall Street estimates and next-quarter revenue, EBITDA, and earnings guidance falling significantly short. EBITDA also missed, suggesting profits are under pressure, while earnings came in roughly in line. Management is anticipating near-term headwinds, suggesting the company is not out of the woods yet​. Overall, this quarter could have been better.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Impinj? Access our full analysis report here, it’s free.

What The Market Is Telling Us

Impinj’s shares are very volatile and have had 20 moves greater than 5% over the last year. But moves this big are rare even for Impinj and indicate this news significantly impacted the market’s perception of the business. 

The biggest move we wrote about over the last year was 10 months ago when the stock gained 18.4% on the news that the company reported first-quarter results with strong improvement in inventory levels. Its revenue and EPS also outperformed Wall Street's estimates during the quarter. The top line benefitted from strong demand in the endpoint IC segment, with sales up 14% sequentially, ahead of analysts' expectations, and offsetting the underperformance in the systems segment. 

Adding to the good news was guidance that came in well above expectations for revenue and EPS. Notably, Impinj also provided some insights into their recent licensing agreement with NXP Semiconductors. 

As a quick recap, Impinj announced on February 9, 2024, that it successfully settled its patent disputes with NXP Semiconductors through a new Settlement and Patent Cross-License agreement, terminating ongoing legal actions and releasing each other from patent infringement claims. 

As a part of the agreement, NXP paid a one-time $45 million litigation settlement in the first quarter. Looking ahead, Impinj expects NXP to pay an annual license fee each April for up to 10 years "unless they design out the IP and exercise an early termination rate." Earlier in the month, Impinj noted that it received $15 million covering the period from April 1, 2024 to March 31, 2025. It expects to recognize the full value of that payment as second-quarter endpoint IC revenue, which is baked into the second-quarter guidance at nearly 100% gross margin. 

Overall, we think this was a really good quarter that should please shareholders.

Impinj is down 25% since the beginning of the year, and at $110.02 per share, it is trading 53.9% below its 52-week high of $238.58 from October 2024. Investors who bought $1,000 worth of Impinj’s shares 5 years ago would now be looking at an investment worth $3,287.

Do you want to know what moves the business you care about? Add them to your StockStory watchlist and every time a stock significantly moves, we provide you with a timely explanation straight to your inbox. It’s free and will only take you a second.

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  216.48
+0.00 (0.00%)
AAPL  262.24
+0.00 (0.00%)
AMD  240.56
+0.00 (0.00%)
BAC  52.04
+0.00 (0.00%)
GOOG  257.02
+0.00 (0.00%)
META  732.17
+0.00 (0.00%)
MSFT  516.79
+0.00 (0.00%)
NVDA  182.64
+0.00 (0.00%)
ORCL  277.18
+0.00 (0.00%)
TSLA  447.43
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.