Identiv Q1 2024 Earnings Report

Identiv EPS Results

• Actual EPS: -$0.21
• Consensus EPS: -$0.15
• Beat/Miss: Missed by -$0.06
• One Year Ago EPS: -$0.13

Identiv Revenue Results

• Actual Revenue: $22.49 million
• Expected Revenue: $23.00 million
• Beat/Miss: Missed by -$510.00 thousand
• YoY Revenue Growth: N/A

Identiv Announcement Details

• Quarter: Q1 2024
• Date: 5/8/2024
• Time: After Market Closes

Identiv (NASDAQ:INVE), a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security. The Premises segment provides solutions for premises security market, such as access control, video surveillance, analytics, audio, access readers, and identities to government facilities, schools, utilities, hospitals, stores, and apartment buildings. The company sells its products through dealers, systems integrators, value added resellers, and resellers. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014. Identiv, Inc. was founded in 1990 and is headquartered in Fremont, California.