Impinj, Inc. (NASDAQ:PI) Q2 2022 Earnings Conference Call July 27, 2022 5:00 PM ET

Company Participants

Andy Cobb - VP, Strategic Finance

Chris Diorio - Co-Founder, Vice Chairman & CEO

Cary Baker - CFO

Jeffrey Dossett - Chief Revenue Officer

Conference Call Participants

James Ricchiuti - Needham & Company

Harsh Kumar - Piper Sandler & Co.

Troy Jensen - Lake Street Capital Markets

Scott Searle - ROTH Capital Partners

Operator

Welcome to the Impinj Second Quarter 2022 Earnings Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Mr. Andy Cobb, Vice President, Strategic Finance. Please go ahead.

Andy Cobb

Thank you, Anja. Good afternoon, and thank you all for joining us to discuss Impinj's second quarter 2022 results. On today's call, Chris Diorio, Impinj's Co-Founder and CEO, will provide a brief overview of our market opportunity and performance. Cary Baker, Impinjs's CFO, will follow with a detailed review of our second quarter 2022 financial results and third quarter 2022 outlook. We will then open the call for questions. Jeff Dossett, Impinj's CRO, will join us in the Q&A session.

You can find management's prepared remarks plus trended financial data on the Investor Relations section of the company's website. We will make statements in this call about future expectations and financial performance based on our outlook as of today. Any such statements are forward-looking under the Private Securities Litigation Reform Act of 1995. While we believe we have a reasonable basis for making these forward-looking statements, our actual results could differ materially because any statements we make today 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 applicable law. On today's call, all financial metrics, except for revenue or where we explicitly state otherwise are non-GAAP. Balance sheet and cash flow metrics are on a GAAP basis. Please refer to our earnings release for a reconciliation of non-GAAP financial metrics to the most comparable GAAP metrics.

Before turning to our results and outlook, note that we will participate in the 11th Annual Needham Industrial Tech, Robotics and Clean Tech one-on-one conference on August 1; Oppenheimer's 26th Annual Technology Internet and Communications Conference on August 9; the 42nd Annual Canaccord Genuity Growth Conference in Boston on August 11; the Jefferies Semi IT hardware and com Infrastructure Summit in Chicago on August 30 and 31; the Piper Sandler Growth Frontiers Conference in Nashville on September 13 and the Goldman Sachs 2022 Communacopia and Technology Conference in San Francisco on September 14. We look forward to connecting with many of you at those events. I will now turn the call over to Chris.