Identiv Inc expected to post a loss of 6 cents a share - Earnings Preview

INVE Technologies

02/08/2023 03:09

* Identiv Inc  INVE.OQ   INVE.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 3. 
    * The Fremont California-based  company is expected to
report  a
6.6% increase in revenue to $29.699 million from $27.86 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Identiv Inc is for
a loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$11​, above​ its last closing price of $7.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.07       -0.06      -0.13     Missed  -108
 Dec. 31 2023  -0.01       0.00       0.00      Met     100
 Sep. 30 2022  0.07        0.06       0.01      Missed  -84.4​
 Jun. 30 2022  -0.03       -0.02      -0.02     Met     0
 ​​Mar.        -0.07       -0.07      -0.06     Beat    18.9
 31 2022                                                
 Dec. 31 2021  0.03        0.03       -0.10     Missed  -407.7
                                                        ​
 Sep. 30 2021  0.05        0.05       0.09      Beat    71.4
 Jun. 30 2021  -0.04       -0.04      -0.03     Beat    25
 This summary was machine generated August 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated