Identiv Reports Fourth Quarter and Full Year 2023 Financial Results
Identiv, Inc. (INVE)
Last identiv, inc. earnings: 3/12 04:05 pm
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Source: Business Wire
Record Fiscal Year Revenues of $116.4 millionDelivered $4.8 million in Cash Flow from Operations in Fourth Quarter 2023Secured Second Facility in Thailand for Future RFID Production FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the fourth quarter and fiscal year ended December 31, 2023.Recent Financial and Operational HighlightsFY 2023 revenue was $116.4 million, up 3% year-over-year.Ended Q4 2023 with $24.4 million in cash, cash equivalents and restricted cash. Maintained a strong working capital position of $48.7 million exiting the fourth quarter.Federal billings in FY 2023 increased 9% year-over-year.Software, services, and recurring revenues grew to a record 24% of Premises segment revenues in Q4 2023.FY 2023 RFID units shipped increased to just under 200 million units.Continued to scale production in Thailand, the facility’s first yea
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News
- Identiv Sets First Quarter 2024 Earnings Call for Wednesday, May 8, 2024 at 5:00 PM EDTBusiness Wire
- Identiv Welcomes Kirsten Newquist as President, IoT Solutions [Yahoo! Finance]Yahoo! Finance
- Identiv Welcomes Kirsten Newquist as President, IoT SolutionsBusiness Wire
- Identiv, Inc. (NASDAQ: INVE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Insider Traders Lose US$30k As Identiv Drops [Yahoo! Finance]Yahoo! Finance
INVE
Earnings
- 3/12/24 - Miss
INVE
Sec Filings
- 4/26/24 - Form 8-K
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form 8-K
- INVE's page on the SEC website