Identiv(INVE)

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Identiv, Inc. (INVE) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-08-08 23:16
Company Performance - Identiv, Inc. reported a quarterly loss of $0.31 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.26, and compared to a loss of $0.06 per share a year ago, indicating a significant decline in performance [1] - The company posted revenues of $6.74 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 71.91%, and a sharp decline from year-ago revenues of $29.56 million [2] - Over the last four quarters, Identiv has surpassed consensus EPS estimates only once, indicating ongoing challenges in meeting market expectations [2] Stock Performance - Identiv shares have lost approximately 56.3% since the beginning of the year, contrasting sharply with the S&P 500's gain of 9% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.17 on revenues of $29.5 million, and for the current fiscal year, it is -$0.82 on revenues of $104.3 million [7] Industry Outlook - The Computer - Peripheral Equipment industry, to which Identiv belongs, is currently ranked in the top 43% of over 250 Zacks industries, suggesting a relatively favorable position within the market [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Identiv's stock performance [5]
Identiv(INVE) - 2024 Q1 - Quarterly Report
2024-05-09 22:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 000-29440 IDENTIV, INC. (Exact Name of Registrant as Specified in its Charter) DELAWARE 77-0444317 (State or other ju ...
Identiv(INVE) - 2024 Q1 - Quarterly Results
2024-05-08 20:36
Exhibit 99.1 Identiv Reports First Quarter 2024 Financial Results Signed Transformative $145 Million Agreement on April 2, 2024; Expected Closing in Q3 FY 2024, Subject to Approvals New President, IoT Solutions Joins Identiv; Will Become CEO Post-Close of Transaction Gross Margins Expand to Highest Levels since Q3 2021 FREMONT, Calif. — May 8, 2024 — Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the ...
Identiv(INVE) - 2023 Q4 - Annual Report
2024-03-15 00:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMMISSION FILE NUMBER 0-29440 IDENTIV, INC. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of (I.R.S. Employer 2201 Walnut Avenue, Su ...
Identiv(INVE) - 2023 Q4 - Annual Results
2024-03-12 20:24
Exhibit 99.1 Identiv Reports Fourth Quarter and Full Year 2023 Financial Results Record Fiscal Year Revenues of $116.4 million Delivered $4.8 million in Cash Flow from Operations in Fourth Quarter 2023 Secured Second Facility in Thailand for Future RFID Production FREMONT, Calif. — March 12, 2024 — Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the fourth quarter and fiscal year ended December 31, 20 ...
Identiv(INVE) - 2023 Q3 - Quarterly Report
2023-11-08 21:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 000-29440 IDENTIV, INC. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of in ...
Identiv(INVE) - 2023 Q3 - Earnings Call Presentation
2023-11-07 22:19
Q3 2023 Earnings Conference Call II DENTI Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expectations as well as the current beliefs and assumptions of the Company's management and can be identified by words such as "anticipates", "believes", "plans", "will", "intends", "expects", and similar references to the ...
Identiv(INVE) - 2023 Q2 - Earnings Call Presentation
2023-08-10 16:11
II DENTI This presentation includes financial information that has not been prepared in accordance with GAAP, including non-GAAP adjusted EBITDA, non-GAAP adjusted EBITDA margin, non-GAAP gross margin, and non-GAAP operating expenses. Identiv uses non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating our ongoing operational performance. We believe that the use of these non-GAAP financial measures p ...
Identiv(INVE) - 2023 Q2 - Quarterly Report
2023-08-08 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 000-29440 IDENTIV, INC. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorpo ...
Identiv(INVE) - 2023 Q2 - Earnings Call Transcript
2023-08-04 22:07
Identiv, Inc. (NASDAQ:INVE) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Steven Humphreys - Chief Executive Officer Justin Scarpulla - Chief Financial Officer Amir Khoshniyati - General Manager & Vice President-Transponder Business Manfred Mueller - Chief Operating Officer Conference Call Participants Craig Ellis - B. Riley Anthony Stoss - Craig-Hallum Jaeson Schmidt - Lake Street Operator Good afternoon. Welcome to Identiv's presentation of its Second Quarter Fiscal 2023 ...