Identiv Reports Preliminary Fiscal Year 2019 and Fourth Quarter Results
Identiv, Inc. (INVE)
Last identiv, inc. earnings: 3/12 04:05 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
FREMONT, Calif., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE), a global provider of physical security and secure identification, reported preliminary unaudited results for the fiscal year and the fourth quarter ended December 31, 2019. Preliminary Fiscal Year 2019 Results Based on preliminary unaudited results, the Company expects total revenues for the fiscal year 2019 to range between $83.5 million and $83.6 million. The preliminary unaudited revenue range includes a reserve of $0.5 million related to a 3VR shipment in Q4 2019 to a Mexican-based financial institution. Last week, Identiv received new information from this customer regarding the customer’s anticipated economic uncertainty. Identiv has therefore fully reserved the shipment until there is more clarity from the customer. This compares to total revenues of $78.1 million for the fiscal year 2018. The range represents 7% growth year-over-year. Additionally, without the 23% reduction in Identiv’s Access
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INVE
Earnings
- 3/12/24 - Miss
INVE
Sec Filings
- 4/17/24 - Form 3
- 4/16/24 - Form DEFA14A
- 4/12/24 - Form 3
- INVE's page on the SEC website