secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001193125-22-275857
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv Q3 2022: Record revenue $31.0M, backlog up 31%; net income down YoY
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- Record quarterly revenue $31.0M, up 7% YoY; Premises segment $11.8M (+14%), Identity $19.2M (+2%).
- GAAP net income $0.5M ($0.01/diluted share) vs $2.5M ($0.10) in Q3 2021; adjusted EBITDA $2.0M vs $3.2M.
- Total backlog $36.9M, +31% YoY; Q4 backlog $16.6M, +42% YoY and +19% sequentially.
- FY2022 revenue guidance updated to $112M-$118M; FY2023 growth guided 20%-25% YoY.
- Customer demand shifts and supply shortages impacted Identity revenues by ~$5.0M in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312522275857/0001193125-22-275857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312522275857/d392563d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-275857

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