Identiv FY2024 revenue $26.6M (-39% YoY); Q1 2025 guidance $4.8-5.1M

Identiv, Inc.

FY2024 revenue $26.6M vs $43.4M in FY2023; GAAP net loss ($25.9M) or ($1.14)/diluted share.
Q4 2024 revenue $6.7M vs $11.3M Q4 2023; GAAP net loss ($4.3M) vs ($3.3M).
FY2024 GAAP gross margin 1.3% (down from 13.8%); non-GAAP gross margin 8.0% (down from 16.6%).
Q4 2024 GAAP gross margin negative (14.9%); non-GAAP gross margin negative (5.2%).
Q1 2025 revenue guidance $4.8M-$5.1M, below prior-year quarter; CEO cites transformation to pure IoT.

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