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

INVE Technologies

02/11/2022 21:47

* Identiv Inc  INVE.OQ  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
6 cents per share.
    * Revenue rose 6.7% to $31.00 million from a year ago;
analysts
expected $35.74 million. 
    * Identiv Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 38.5%
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 1.8% this quarter and
lost 56.2% so far this year.
    * The company reported quarterly net income of $215
thousand.
    * Wall Street's median 12-month price target for Identiv Inc
is
$21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 09:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.06           0.01           Missed
 Jun. 30 2022      -0.02          -0.02          Met
 Mar. 31 2022      -0.07          -0.06          Beat
 Dec. 31 2021      0.03           -0.10          Missed