secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001193125-22-211287
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv Q2 revenue $27.9M (+16% YoY); RFID up 41%, net loss $0.3M
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- Total revenue $27.9M (+16% YoY); GAAP net loss $0.3M ($0.02 EPS) vs net income $2.5M in Q2 2021 including $2.9M debt forgiveness gain.
- RFID revenue +41% YoY; Premises revenue +19% YoY (three times industry average); backlog $34.2M, +23% YoY.
- GAAP gross margin 37% (+87 bps sequentially); Non-GAAP gross margin 38% (+97 bps sequentially).
- Non-GAAP adjusted EBITDA $1.4M vs $0.2M prior quarter and $1.2M prior year; debt-free with $25.9M cash.
- FY2022 revenue guidance expanded to $125M-$135M; reaffirms 30-35% YoY growth in FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312522211287/0001193125-22-211287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312522211287/d375813d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-211287

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