secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001193125-22-140477
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv Q1 revenue $25.1M (+13% YoY); net loss narrows; guidance reaffirmed
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- Q1 revenue $25.1M (+13% YoY); Identity segment +7% to $14.6M, Premises +23% to $10.5M.
- GAAP net loss $1.0M ($0.06 loss/share) vs $1.5M loss ($0.09) in Q1 2021; non-GAAP adj. EBITDA $0.2M.
- RFID units shipped 48M (+20% YoY); AUP up 16% sequentially; backlog $32.4M (+24% YoY).
- Gross margin expanded 275 bps sequentially to 36% GAAP / 37% non-GAAP.
- Reaffirms FY2022 revenue guidance $130-135M (25-35% growth); FY2023 30-35% growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312522140477/0001193125-22-140477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312522140477/d356439d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-140477

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