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

INVE Technologies

03/08/2021 22:50

* Identiv Inc  INVE.OQ  reported a quarterly adjusted loss of 3
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss of 4
cents per share.
* Revenue rose 25.6% to $23.99 million from a year ago; 
analysts expected $23.07 million. 
* Identiv Inc's reported EPS for the quarter was 9 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 6.1% this quarter and
gained 87.8% so far this year.
* The company reported quarterly net income of $2.18 million.
* Wall Street's median 12-month price target for Identiv Inc is
$19.00 
* 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 August 3 at 09:49 p.m.  ​All
figures in US dollars unless otherwise stated