secwatch.observer — SEC 8-K summary
======================================

Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001193125-21-316970
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv Q3 revenue $29.1M (+17% YoY), net income $2.5M; raises FY2021 guidance to $103-105M
--------------------------------------------------------------------------------

- Total revenue $29.1M, up 17% YoY and 21% QoQ; GAAP net income $2.5M ($0.09 diluted EPS); non-GAAP adjusted EBITDA $3.2M.
- Identity segment revenue $18.7M (+21% YoY); Premises $10.4M (+10% YoY); RFID units shipped up 19% YoY to ~120M YTD.
- All outstanding debt retired; cash $29.2M; operating cash flow $2.9M (up $5.3M QoQ).
- FY2021 revenue guidance raised to $103-105M; initial FY2022 guidance $130-135M (25-30% growth) with RFID growth 40-50%.
- Q4 backlog $11.7M (+18% YoY); new orders in first three weeks of Q4 $7.5M (+46% YoY); secured initial 20M-unit frame order in cannabis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312521316970/0001193125-21-316970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312521316970/d159658d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-316970

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer