Identiv Inc expected to post a loss of 29 cents a share - Earnings Preview

INVE Technologies

03/03/2025 21:23

Identiv Inc INVE.OQ INVE.O is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Santa Ana California-based  company is expected to report a 78.9% decrease in revenue to $6.117 million from $28.99 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $6.00 million and $6.30 million.

​LSEG's mean analyst estimate for Identiv Inc is for a loss of 29 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 $3.67. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.26
-0.25
-0.40
Missed
-62.2
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. 30 2023
-0.08
-0.06
-0.06
Met
4​
Mar. 31 2023
-0.07
-0.06
-0.13
Missed
-108
Dec. 31 2022
-0.01
0.00
0.00
Met
100

This summary was machine generated March 3 at 21:23 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)