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

INVE Technologies

07/05/2021 20:17

* Identiv Inc  INVE.OQ  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 10 cents per share.
* Revenue rose 22.3% to $22.16 million from a year ago​; 
analysts expected $21.91 million.
* Identiv Inc's reported EPS for the quarter was a loss of 9
cents​.
* The mean earnings estimate of analysts had fallen by
about 65.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Identiv Inc shares had risen by 23.9% this quarter and
gained 67.1% so far this year.
* The company reported a quarterly loss of $1.75 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 May 7 at 07:17 p.m. GMT. ​All
figures in US Dollars.​