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Identiv Inc reports results for the quarter ended March 31 - Earnings Summary

Identiv Inc INVE.OQ reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended March 31, identical to the same quarter last year.  The mean expectation of three analysts for the quarter was for a loss of 24 cents per share.

Revenue fell 76.6% to $5.27 million from a year ago; analysts expected $4.95 million.

Identiv Inc's reported EPS for the quarter was a loss of 21 cents​.

The company reported a quarterly loss of $4.99 million.

Identiv Inc shares had risen by 0.3% this quarter and lost 12.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Identiv Inc is $6.00

This summary was machine generated from LSEG data May 7 at 09:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.24-0.21Beat
Dec. 31 2024-0.29-0.18Beat
Sep. 30 2024-0.25-0.40Missed
Jun. 30 2024-0.19-0.27Missed

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