Recap: Identiv Q4 Earnings

Identiv INVE reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.

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

Earnings

Identiv missed estimated earnings by -100.0%, reporting an EPS of $-0.06 versus an estimate of $-0.03.

Revenue was down $16 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 16.0% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.02 -0.08 -0.06 -0.01
EPS Actual -0.01 -0.06 -0.13 0
Revenue Estimate 35.03M 29.70M 25.64M 27.87M
Revenue Actual 31.85M 29.55M 26.00M 29.00M

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.

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