secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001193125-24-065910
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv reports Q4 2023 revenue $29.0M flat YoY, net loss $1.6M; FY revenue record $116.4M
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- FY 2023 revenue $116.4M, up 3% YoY; GAAP net loss ($5.5M) or ($0.29)/share vs ($0.4M) loss in 2022.
- Q4 2023 revenue $29.0M flat YoY; GAAP net loss ($1.6M) ($0.08)/share vs $0.3M profit in Q4 2022.
- Non-GAAP adjusted EBITDA FY 2023 $2.8M vs $5.4M in 2022; Q4 2023 $0.9M vs $1.7M in Q4 2022.
- Q1 2024 guidance: net revenues expected $22M-$24M, citing normal seasonality.
- Board-led strategic review continued as major focus; cash from operations $4.8M in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312524065910/0001193125-24-065910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312524065910/d759689d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-065910

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