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Impinj: Q1 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Impinj Inc. (PI) on Wednesday reported a loss of $25.3 million in its first quarter.

The Seattle-based company said it had a loss of 83 cents per share. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.

The provider of radio frequency identification products posted revenue of $74.3 million in the period.

For the current quarter ending in June, Impinj expects its per-share earnings to range from 77 cents to 82 cents.

The company said it expects revenue in the range of $103 million to $106 million for the fiscal second quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PI at https://www.zacks.com/ap/PI

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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