Brief: Identiv Inc Reports Q4 2020 Results

INVE Technologies

04/03/2021 22:39

March 4 (Reuters) - Identiv Inc  INVE.O :
    * Q4 GAAP LOSS PER SHARE $0.05
    * Q4 REVENUE $24.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$24.9
MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.01 -- REFINITIV IBES
DATA
    * RAISING LOW END OF EXPECTED REVENUES FROM PRIOR GUIDANCE
OF $96
MILLION TO A NEW LOW END OF $100 MILLION FOR 2021
    * GIVEN CURRENT BUSINESS MOMENTUM, MANAGEMENT BELIEVES
FULL-YEAR
GUIDANCE RANGES MAY STILL BE SOMEWHAT CONSERVATIVE

Source text for Eikon:  ID:nGNX2K43v1 
Further company coverage:  INVE.O 

 ((Reuters.Briefs@thomsonreuters.com;))