earnings
confidence high
sentiment negative
materiality 0.80
Identiv Q2 revenue $5.0M, down 25% YoY; GAAP net loss $0.26/sh; guides Q3 $4.8-5.2M
Identiv, Inc.
2025-Q2 EPS
reported -$0.47
vs consensus -$0.25
▼ miss
(-86.8%)
- Q2 2025 revenue $5.0M (down 25% YoY); GAAP gross margin negative 9.4% on Thailand transition costs and inventory obsolescence.
- GAAP net loss from continuing ops $6.0M ($0.26/share); non-GAAP adjusted EBITDA loss $4.6M.
- Q3 2025 revenue guidance $4.8M-$5.2M, reflecting ongoing demand softness.
- Board appointed Ed Kirnbauer as permanent CFO; salary $290k, 15,000 RSUs, quarterly bonus up to 12.5%.
- Completed production transfer from Singapore to Thailand; dual manufacturing costs weighed on margins.
item 2.02item 5.02item 9.01