Impinj, Inc. (PI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

would now like to turn the conference over to Mr. Andy Cobb, Vice President, Strategic Finance. Please go ahead, sir. Thank you, Nick. Good afternoon, and thank you all for joining us to discuss Impinja's first quarter 2025 results. On today's call, Chris DiOrio, Impinja's co-founder and CEO, will provide a brief overview of our market opportunity and performance. Kerry Baker, Impinja's CFO, We'll follow with a detailed review of our first quarter financial results and second quarter outlook. We will then open the call for questions. Hussain Mekli, Impinja's COO, will join us for the Q&A. You can find management's prepared remarks plus trended financial data on the company's investor relations website. We will make statements in this call about financial performance and future expectations that are based on our outlook as of today. Any such statements are forward-looking under the Private Securities Litigation Reform Act of 1995. Whereas we believe we have a reasonable basis for making these forward-looking statements, our actual results could differ materially because any such statements are subject to risks and uncertainties. We describe these risks and uncertainties in the annual and quarterly reports we file with the SEC. We do not undertake and expressly disclaim any obligation to update or alter our forward-looking statements except as required by law. On today's call, all financial metrics except for revenue or where we explicitly state otherwise are non-GAF. All balance sheet and cash flow metrics except for free cash flow are GAF. Please refer to our earnings release for a reconciliation of non-GAF financial metrics to the most comparable gap metrics. I will now turn the call over to Chris. Thank you, Andy, and thank you all for joining the call. At a time o...