Latest news with #RFID
Yahoo
2 hours ago
- Business
- Yahoo
Impinj (NASDAQ:PI) Reports Upbeat Q2, Stock Jumps 19.2%
RFID manufacturer Impinj (NASDAQ:PI) reported Q2 CY2025 results beating Wall Street's revenue expectations , but sales fell by 4.5% year on year to $97.89 million. On top of that, next quarter's revenue guidance ($92.5 million at the midpoint) was surprisingly good and 7.4% above what analysts were expecting. Its non-GAAP profit of $0.80 per share was 13.6% above analysts' consensus estimates. Is now the time to buy Impinj? Find out in our full research report. Impinj (PI) Q2 CY2025 Highlights: Revenue: $97.89 million vs analyst estimates of $93.86 million (4.5% year-on-year decline, 4.3% beat) Adjusted EPS: $0.80 vs analyst estimates of $0.70 (13.6% beat) Adjusted EBITDA: $27.61 million vs analyst estimates of $23.45 million (28.2% margin, 17.7% beat) Revenue Guidance for Q3 CY2025 is $92.5 million at the midpoint, above analyst estimates of $86.14 million Adjusted EPS guidance for Q3 CY2025 is $0.49 at the midpoint, above analyst estimates of $0.35 EBITDA guidance for Q3 CY2025 is $16.35 million at the midpoint, above analyst estimates of $9.83 million Operating Margin: 11.1%, up from 8.8% in the same quarter last year Free Cash Flow Margin: 27.9%, down from 43% in the same quarter last year Inventory Days Outstanding: 212, down from 238 in the previous quarter Market Capitalization: $3.56 billion Company Overview Founded by Caltech professor Carver Mead and one of his students Chris Diorio, Impinj (NASDAQ:PI) is a maker of radio-frequency identification (RFID) hardware and software. Revenue Growth A company's long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last five years, Impinj grew its sales at an exceptional 18.2% compounded annual growth rate. Its growth beat the average semiconductor company and shows its offerings resonate with customers, a helpful starting point for our analysis. Semiconductors are a cyclical industry, and long-term investors should be prepared for periods of high growth followed by periods of revenue contractions. We at StockStory place the most emphasis on long-term growth, but within semiconductors, a half-decade historical view may miss new demand cycles or industry trends like AI. Impinj's annualized revenue growth of 6.5% over the last two years is below its five-year trend, but we still think the results suggest healthy demand. This quarter, Impinj's revenue fell by 4.5% year on year to $97.89 million but beat Wall Street's estimates by 4.3%. Despite the beat, the drop in sales could mean that the current downcycle is deepening. Company management is currently guiding for a 2.8% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 5.4% over the next 12 months, similar to its two-year rate. This projection doesn't excite us and suggests its products and services will face some demand challenges. At least the company is tracking well in other measures of financial health. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Product Demand & Outstanding Inventory Days Inventory Outstanding (DIO) is an important metric for chipmakers, as it reflects a business' capital intensity and the cyclical nature of semiconductor supply and demand. In a tight supply environment, inventories tend to be stable, allowing chipmakers to exert pricing power. Steadily increasing DIO can be a warning sign that demand is weak, and if inventories continue to rise, the company may have to downsize production. This quarter, Impinj's DIO came in at 212, which is 45 days above its five-year average. These numbers suggest that despite the recent decrease, the company's inventory levels are higher than what we've seen in the past. Key Takeaways from Impinj's Q2 Results We were impressed by Impinj's strong improvement in inventory levels. We were also excited its EBITDA and EPS outperformed Wall Street's estimates by a wide margin. Looking ahead, guidance for next quarter was above expectations across the board. Zooming out, we think this quarter was really strong with not much to pick on. The stock traded up 19.2% to $146.02 immediately after reporting. Impinj had an encouraging quarter, but one earnings result doesn't necessarily make the stock a buy. Let's see if this is a good investment. What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11 hours ago
- Automotive
- Yahoo
Governments Focus on Smart Infrastructure Investments for Toll Collection Advancement
The Electronic Toll Collection (ETC) market is expected to grow from USD 11.3 billion in 2025 to USD 22.6 billion by 2034, at a CAGR of 8.0%. As urbanization rises, governments worldwide are adopting digital tolling systems like RFID, GPS, and AI to reduce congestion and enhance traffic management. Key trends include interoperable toll payments, AI integration, and contactless solutions. Emphasis on cybersecurity, blockchain, and IoT integration is growing amid the smart mobility surge. The report covers regional market forecasts, competitive analysis, and strategies of leading players. Electronic Toll Collection Market Dublin, July 30, 2025 (GLOBE NEWSWIRE) -- The "Electronic Toll Collection Market Outlook 2025-2034: Market Share, and Growth Analysis By Type, By Payment Method, By Technology, By End-user" has been added to offering. The Electronic Toll Collection (ETC) market is projected to experience significant growth from USD 11.3 billion in 2025 to USD 22.6 billion by 2034, reflecting a CAGR of 8.0%. As global transportation authorities embrace digital tolling systems, ETC solutions like RFID, GPS, and video analytics are driving seamless, cashless payments that alleviate traffic congestion and improve road efficiency. The mounting urbanization paired with an upsurge in vehicle counts has intensified the need for efficient toll systems, known for minimizing toll booth delays and slashing operational costs. Additionally, ETC advances support multi-lane free-flow tolling and real-time monitoring, further enhancing traffic management. Collaborations among tech providers, transport organizations, and fintech firms are fostering innovative ETC payment models, integrating seamlessly with digital wallets and mobile apps. In 2024, governments are also pushing for interoperable ETC systems for effortless tolling across multiple jurisdictions, particularly in regions like Europe and North America. This is complemented by a surge in GPS-based solutions fostering distance-based pricing, ensuring equitable charges grounded in actual road use. The infusion of Artificial Intelligence (AI) and machine learning into ETC systems is further refining vehicle recognition, fraud detection, and traffic flow analyses. Moreover, the integration with smart highways and connected vehicle ecosystems is catalyzing demand for next-gen ETC solutions compatible with autonomous and electric vehicles. Embracing contactless and digital payment trends, operators are exploring blockchain and biometric methods for heightened security and transaction transparency. Public-private partnerships are key in funding major ETC infrastructure developments, advancing the shift towards smart tolling systems globally. Forecasting into 2025 and beyond, the ETC sector is anticipated to witness widespread adoption of satellite-based and AI-enhanced tolling platforms, with urban mobility solutions and dynamic tolling models propelling demand for adaptive systems. The role of 5G connectivity will be critical in scaling real-time network functionalities, permitting immediate vehicle identification, frictionless transactions, and sophisticated traffic analysis. As governments underscore the need for eco-friendly driving within smart city frameworks, ETC systems will facilitate optimized road transportation. The surging presence of autonomous vehicles propels the need for advanced tolling solutions that facilitate automated payments and ensure seamless road access. Simultaneously, cybersecurity challenges mandate robust protective measures against data breaches. The evolutionary pace of digital tolling heightens emphasis on interoperability, sustainability, and efficiency, steering the future of intelligent transport systems. Key Insights into the Electronic Toll Collection Market: Interoperable Tolling: Transition to standardized networks, fostering seamless cross-region payments. AI & ML Integration: Enhancements in vehicle tracking, predictive analysis, and fraud detection. GPS Tolling & Pricing: Movement towards GPS-enabled distance-based fare models. Blockchain & Biometrics: Heightened transaction security and transparency. 5G & IoT Influence: Integration of real-time, data-driven toll systems. Government Investments: Commitment to smart infrastructure projects to minimize congestion. Digital Payment Preferences: Increased adoption of contactless solutions for efficiency. Urban Mobility & Congestion Pricing: Adoption of adaptive systems to manage road use. Autonomous & Electric Vehicle Integration: Demand for smart toll systems for seamless payment processes. Cybersecurity Focus: The necessity for robust data protection against potential cyber threats. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value in 2025 11.3 Billion Forecasted Market Value by 2034 22.6 Billion Compound Annual Growth Rate 8.0% Regions Covered Global Companies Featured Raytheon Technologies Corporation Mitsubishi Heavy Industries Ltd. Thales Group Infineon Technologies AG Siemens Mobility Ferrovial S.E. Xerox Holdings Corporation Conduent Inc. TransCore Cubic Corporation SKIDATA GmbH VITRONIC Kapsch TrafficCom IBI Group Inc. Neology Inc. Sensys Gatso Group Q-Free ASA Autostrade per l'Italia S.p.A. EFKON AG Star Systems International Ltd. Far Eastern Electronic Toll Collection Co. Ltd. Ingenico Perceptics LLC TagMaster GeoToll Inc. Watchdata Technologies Korea Smart Card Co. Ltd. Electronic Transaction Consultants LLC Market Segmentation: By Type: Automatic Vehicle Classification (AVC) Violation Enforcement System (VES) Automatic Vehicle Identification System (AVIS) Other Types By Payment Method: Prepaid Hybrid Postpaid By Technology: RFID Dedicated Short Range Communication (DSRC) GNSS or GPS Video Analytics Cell Phone Tolling Other Technologies By End-user: Highway Urban Area By Geography: North America (USA, Canada, Mexico) Europe (Germany, UK, France, etc.) Asia-Pacific (China, India, Japan, etc.) Middle East and Africa South and Central America For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Electronic Toll Collection Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News18
a day ago
- Entertainment
- News18
‘Third World Who?': UK Couple Says Goa Shopping Experience Tops London, NYC And Dubai
Last Updated: The video showcases a smart changing room setup in India that a British couple says they've never seen before. A British couple was left amazed by a unique shopping experience at a store in Goa. Liam and Dani Cross, who run the YouTube channel Travel With The Crosses, shared a video showcasing an innovative changing room setup they hadn't encountered even in London, Dubai, or New York. Changing Room That Tracks What You Carry The couple visited the Azorte store in South Goa, where Liam picked up three clothing items and walked into the trial room. As soon as he entered, a screen behind him displayed all three items along with their sizes. 'Look how from the future these changing rooms are," Dani said while recording the moment. Touchscreen Features In the video, Dani explained how the smart mirror detected the items automatically. If a different size was needed, all it took was a tap on the screen to place a request. 'The mirror there picks up everything. And then, say you want another size, you can choose one and ask them to bring it," she said. The screen also suggested clothing combinations and allowed users to ask the staff to bring those to try out. 'THIS IS NOT IN DUBAI, THIS IS NOT IN LONDON, THIS IS NOT IN NEW YORK… This is INDIA. I'm sorry, but India?! Third world who?! This is better than shopping in Wales!! Back where the salesman 'goes to the back" to check if they have your size… when clearly they leave the room scroll on TikTok for a minute, then come back empty-handed. Gotta give it to India for the shopping experience," the couple wrote in the caption. Online Response The video gathered nearly four lakh views. Many appreciated the couple for showing a different side of India. One user commented, 'Good to see someone who's showing the positive side of India." Another added, 'Thanks for showing the cool side of India, unlike other western travellers who just show slums and poverty!" 'This is amazing! Every changing room everywhere should have this!" someone expressed. 'Omg, this is the coolest thing. Initially, I was like ooh fancy, could be Dubai/London/US etc., and then I read the caption and you said India, and I was like daaaaaamn, and then you said Goa, and I said WTF!!! I'm from Goa and this was so so cool! So glad you guys are loving Goa!" a person exclaimed. The mirror inside the changing rooms at Reliance Retail's Azorte stores uses RFID (Radio Frequency Identification) technology, which helps detect products as soon as they come within approximately 10 meters of the installed sensor, according to Cashify. About the Author Buzz Staff A team of writers at bring you stories on what's creating the buzz on the Internet while exploring science, cricket, tech, gender, Bollywood, and culture. First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Associated Press
a day ago
- Business
- Associated Press
Fashion's Imperfection-and the SMX Technology That's Fixing It
NEW YORK, NY / ACCESS Newswire / July 29, 2025 / In today's fashion economy, style alone isn't enough. Gen X and Millennial consumers are driving a shift that goes far deeper than seasonal trends. They want to know not just what they're wearing-but who made it, how it was made, and whether it reflects the values they live by. That means ethical sourcing, verified materials, and transparency from origin to outlet. That means for brands, vague sustainability slogans and unverifiable claims no longer cut it. SMX (Security Matters) (NASDAQ: SMX ), a leader in converting physical items into secure digital records for circular economy applications, is capitalizing, by quietly transforming fashion's entire supply chain infrastructure with one mission: to make every item of clothing traceable, provable, and tamper-proof-starting at the molecular level. The SMX Approach to Authenticating Fashion's Supply Chain The truth is, fashion's supply chains were never designed for transparency. Decades of fragmented sourcing, outsourced production, and superficial certification programs left even the most well-meaning brands struggling to validate their claims. While tools like RFID tags helped track inventory, they offered little in the way of material authentication or provenance protection. RFID is external. It can be peeled off, copied, or lost. It's useful for managing warehouses-not for proving a brand's sustainability story. SMX offers something different. Its patented chemical-based markers are embedded directly into raw materials-organic cotton, vegan leather, dyes, metals, and more. These invisible fingerprints are paired with a digital twin, creating a permanent, tamper-proof record of a product's lifecycle. Every step-from material sourcing to production, distribution, resale, and even recycling-is logged and time-stamped. The result is a fully authenticated supply chain where nothing slips through the cracks. For brands, it's a game-changer. With SMX, they can prove exactly where an item came from, how it was made, and that it hasn't been tampered with. This forensic-level traceability isn't just about compliance. It's about control-and about building trust with a new generation of buyers who are tired of greenwashing and hungry for receipts. Why Gen X and Millennials Are Driving the Shift According to multiple consumer studies, more than 70% of Millennials say a brand's sustainability practices influence their buying decisions. Gen X isn't far behind. These consumers aren't just socially aware-they're digitally fluent. They know how to scan QR codes, follow supply chain maps, and demand transparency before swiping their credit cards. In short, they expect proof. SMX meets that expectation head-on. With its ability to track and verify materials throughout the entire product lifecycle, SMX is enabling brands to show-not just say-that their goods are ethically and sustainably produced. That's the difference between marketing and measurable action. And let's not forget what's happening in government. The EU's Green Deal, along with legislation like California's Responsible Textile Recovery Act, is cracking down on false sustainability claims and requiring more detailed environmental disclosures. SMX gives brands a built-in advantage in meeting these new rules, with immutable digital proof embedded in every product. Brands also recognize that SMX doesn't just help them comply-it protects them. Counterfeit goods cost the global fashion industry over $500 billion annually. SMX's embedded molecular markers act as a shield, verifying authenticity in real-time and safeguarding brand equity. Whether it's a luxury handbag or a recycled denim jacket, brands can now defend their products-and their reputations-at the molecular level. Where Sustainability and Security Converge What makes SMX especially powerful is how it links traceability to value. The company's Plastic Cycle Token (PCT) initiative is a bold example of that. It rewards verified circular behavior-recycling, ethical sourcing, reuse-with a digital asset that represents tangible, provable impact. In other words, sustainability isn't just good for the planet. It becomes part of a brand's financial strategy. This dual benefit-security plus ESG compliance-isn't lost on investors, either. As sustainability becomes a major factor in long-term value creation, SMX offers a unique position: it's not just helping companies tell their sustainability story-it's helping them audit it, verify it, and build entire ecosystems around it. And because SMX works across industries-fashion, packaging, electronics, automotive-brands that use it in one vertical often discover efficiencies and insights that ripple throughout their operations. It's the kind of scalable tech infrastructure that pays dividends well beyond its point of installation. The New Standard of Authenticity The world has entered a new chapter in fashion. And Gen X and Millennial consumers aren't waiting for brands to catch up-they're shifting their spending now. They want the full story. They want accountability. And they want proof. SMX gives brands the tools to meet that demand, not just with words, but with molecularly verifiable action. This isn't just a compliance tool-it's a trust engine. It's a brand protection system built for the realities of modern commerce. Put simply, SMX turns transparency into a competitive advantage, empowering companies to prove what others only claim. And at a time when authenticity is the new luxury, there is no compromise. About SMX As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy. Forward-Looking Statements The information in this press release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words 'anticipate,' 'believe,' 'contemplate,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecast,' 'intends,' 'may,' 'will,' 'might,' 'plan,' 'possible,' 'potential,' 'predict,' 'project,' 'should,' 'would' and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of gold, steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission. Email: [email protected] SOURCE: SMX (Security Matters) Public Limited press release
Time of India
2 days ago
- Business
- Time of India
Himachal deputy CM launches digital systems to modernise HRTC operations
Shimla: Himachal Pradesh deputy chief minister Mukesh Agnihotri on Tuesday launched four new information technology-based systems developed by Himachal Road Transport Corporation (HRTC) in collaboration with the department of digital technologies and governance. These include an online travel pass system enabling school and college students, govt employees, and traders to apply online for concessional passes, pay fees digitally, and receive radio frequency identification (RFID)-based smart cards. A digital bus inspection scheduling system was also introduced to improve monitoring of staff performance and ensure timely checks, with schedules now being transmitted via mobile SMS. A global positioning system (GPS)-based bus tracking system was initiated for 82 buses in Shimla, which would later be extended to the entire fleet of HRTC buses to ensure better real-time monitoring. A new platform, 'Him Access HRTC system' was also launched, allowing over 9,000 employees to access their personal and salary details online. Agnihotri said that to strengthen infrastructure, it was decided that Rs 7 crore would be spent on the repair and maintenance of various bus stands across the state, along with the installation of CCTV cameras at all bus terminals for public safety. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo A modern bus stand facility would also be constructed at Mandi Bharari in Bilaspur district to cater to increasing commuter traffic. Directions were also issued to speed up the process of setting up e-charging stations at workshops and bus stands to support the arrival of electric buses in the state fleet. Approval was also given for the launch of a new scheme, 'Him Bus Plus', which integrates identity management with cashless payments. Under this scheme, commuters would receive a 5% discount on fares for all HRTC buses, including Volvo services, he added. A loyalty programme would also provide cashback benefits based on monthly travel. To attract more passengers, the fare of super luxury buses would be reduced by 15%, allowing cardholders to avail up to a 20% discount along with loyalty rewards. Agnihotri stated that to attract more tourists and increase revenue, 'Tourist Day Circuits' would be introduced, connecting major religious and tourist spots around Shimla. Approval was also given to new revenue measures such as implementing an advertisement policy on HRTC tickets, website, and app, and piloting the operation of retail fuel outlets at two to three locations using HRTC's own fuel pumps. A dhaba policy would also be put in place to empanel eateries along bus routes with a focus on hygiene and commuter convenience, he added. MSID:: 122976227 413 |
