Harsh Kumar's questions to Impinj Inc (PI) leadership • Q4 2024
Question
In a follow-up, Harsh Kumar asked if the new grocery customer is a large chain and questioned if a 2026 ramp would imply some initial volumes starting in the second half of 2025.
Answer
CEO Chris Diorio confirmed the new grocery customer is a "large customer" and that they anticipate some endpoint IC volumes in the second half of 2025 ahead of a potential 2026 ramp. However, he cautioned that the self-checkout use case for this grocer is complex and in early days, requiring significant work from Impinj to ensure success, making the timing uncertain.