Identiv: Q1 Earnings Insights

Identiv INVE reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Identiv missed estimated earnings by 116.67%, reporting an EPS of $-0.13 versus an estimate of $-0.06.

Revenue was up $897 thousand from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.7% drop in the share price the next day.

Here's a look at Identiv's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.01	0.05	0.09	-0.11
EPS Actual	0	0.01	-0.02	-0.06
Revenue Estimate	27.87M	35.74M	26.89M	23.53M
Revenue Actual	29.00M	31.00M	27.86M	25.10M

To track all earnings releases for Identiv visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar