Identiv, Inc. (INVE) Reports Q4 Loss, Tops Revenue Estimates

Core Insights - Identiv, Inc. reported a quarterly loss of $0.19 per share, better than the Zacks Consensus Estimate of a loss of $0.25, representing an earnings surprise of 24% [1] - The company posted revenues of $6.7 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 9.79%, but down from $28.99 million year-over-year [2] - Identiv shares have declined approximately 5.7% year-to-date, compared to a 1.8% decline in the S&P 500 [3] Financial Performance - Over the last four quarters, Identiv has surpassed consensus EPS estimates two times [2] - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of $5 million, and for the current fiscal year, it is -$0.92 on revenues of $22.3 million [7] Industry Context - The Computer - Peripheral Equipment industry, to which Identiv belongs, is currently ranked in the top 18% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Identiv's stock performance [5]