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

INVE Technologies

02/03/2023 22:57

* Identiv Inc  INVE.OQ  reported quarterly breakeven
results​​ per
share for the quarter ended in December. The mean expectation of
five analysts for the quarter was for breakeven results per
share.
    * Revenue rose 1.7% to $29.00 million from a year ago;
analysts
expected $29.73 million. 
    * Identiv Inc's reported EPS for the quarter was breakeven
results​.
    * 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 3.2% this quarter.
    * The company reported a quarterly loss of $35 thousand.
    * Wall Street's median 12-month price target for Identiv Inc
is
$15.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 10:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.00           0.00           Met
 Sep. 30 2022      0.06           0.01           Missed
 Jun. 30 2022      -0.02          -0.02          Met
 Mar. 31 2022      -0.07          -0.06          Beat