Identiv Inc reports results for the quarter ended in December - Earnings Summary

INVE Technologies

03/03/2022 03:39

* Identiv Inc  INVE.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
3 cents per share.
    * Revenue rose 14.8% to $28.52 million from a year ago; 
analysts
expected $28.40 million. 
    * Identiv Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Identiv Inc shares had fallen by 26.0% this quarter.
    * The company reported a quarterly loss of $2.21 million.
    * Wall Street's median 12-month price target for Identiv Inc
is
$29.00 
    * 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." 

This summary was machine generated March 3 at 03:39 a.m.  ​All
figures in US dollars unless otherwise stated