Identiv Inc expected to post a loss of 25 cents a share - Earnings Preview

INVE Technologies

06/11/2024 14:32

* Identiv Inc  INVE.OQ   INVE.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Fremont California-based  company is expected to
report a
81.3% decrease in revenue to $5.95 million from $31.85 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Identiv Inc is for a
loss
of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Identiv Inc
is
7.00​, above​ its last closing price of $3.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.21       -0.19      -0.27     Missed  -44.6
 Mar. 31 2024  -0.17       -0.15      -0.21     Missed  -37
 Dec. 31 2023              -0.03      -0.08     Missed  -140​
 Sep. 30 2023  -0.01       0.02       -0.01     Missed  -150
 ​​Jun.        -0.08       -0.06      -0.06     Met     4
 30 2023                                                
 Mar. 31 2023  -0.07       -0.06      -0.13     Missed  -108​
 Dec. 31 2022  -0.01       0.00       0.00      Met     100
 Sep. 30 2022  0.07        0.06       0.01      Missed  -84.4
 This summary was machine generated November 6 at 14:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)