Identiv reports record Q3 revenue $31.8M; margins and adjusted EBITDA expand

Identiv, Inc.

2023-Q3 EPS reported -$0.21 revenue$87,398,000

Revenue $31.8M (record), up 3% YoY; Premises segment up 15% YoY to $13.6M.
GAAP gross margin 37.5% (+140bps YoY); non-GAAP adjusted EBITDA $2.2M (+6% YoY).
GAAP net loss $0.02M ($0.01 loss per share) vs net income $0.5M in Q3 2022.
RFID units shipped 54M (+18% YoY); 50+ SCRI pilot customers; healthcare >50% of NFC revenue.
Q4 2023 revenue guidance $29M-$31M; strategic review continues.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Identiv, Inc. reported third quarter ended September 30, 2023 results: revenue $31.8 million, EPS ($0.01) per basic and diluted share.

Period: third quarter ended September 30, 2023
Revenue: $31.8 million
EPS: ($0.01) per basic and diluted share
Result: reported results

Exact text from the filing

release is attached hereto as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Identiv Reports Third Quarter 2023 Business Results Record Quarterly Revenues of $31.8 million Premises Revenues Grew 15% Year-over-Year; RFID Units Shipped Increased 18% Year-over-Year Gross Margins and Non-GAAP Adjusted EBITDA Expand to Highest Levels since Q3 2021

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Identiv, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-272456

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