secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001193125-23-135953
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv Q1 revenue $26.0M, record; net loss $2.7M; FY guidance reaffirmed $125-130M
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- Q1 revenue $26.0M (+4% YoY); Identity $14.7M, Premises $11.3M; record fiscal Q1 revenue.
- GAAP net loss $2.7M ($0.13/sh) vs. loss $1.0M ($0.06/sh) in Q1 2022; non-GAAP adjusted EBITDA ($0.9)M.
- Shipped 10M Wiliot IoT Pixels in Q1, on track for 14M in Q2; follow-on order of similar magnitude for 2023.
- Thailand production facility on schedule for first runs in July 2023; expects margins to expand.
- FY 2023 revenue guidance reaffirmed at $125M-$130M; normal seasonality expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312523135953/0001193125-23-135953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312523135953/d326125d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-135953

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