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1.62224368895E-16 1.62224368895E-16 1.62224368895E-16 1.62224368895E-16 1.62224368895E-16 0.00913242009132433 0.00913242009132433 1.62224368895E-16
Stock impact report

Identiv Reports Fourth Quarter and Fiscal Year 2020 Results

Identiv, Inc. (INVE) 
Last identiv, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: identiv.com/investors
Company Research Source: GlobeNewswire
Fourth Quarter Revenue Increases 31% and RFID Revenue Increases over 100% Year-over-Year, Positioning the Company for a Strong 2021 FREMONT, Calif., March 04, 2021 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE), a global leader in digital security and identification, reported financial results for the fourth quarter and fiscal year ended December 31, 2020, demonstrating the increasingly broad adoption of RFID and expansion within the federal government. Fourth Quarter and Subsequent Financial and Operational Highlights Total revenue grew 31% year-over-year to $24.8 millionRFID grew over 100% year-over-year for the second consecutive quarterRevenue in Identity grew 53% year-over-year to $15.8 million; revenue in Premises grew 5% year-over-yearExited the fourth quarter of 2020 with backlog for Q1 2021 of $10.5 million, up 121% compared to the same time last yearImproved profitability over prior year comparable period in both GAAP net loss at $0.7 million and non-GAAP adjus Show less Read more
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