earnings
confidence high
sentiment negative
materiality 0.65
Identiv Q3 revenue $5.0M (-23% YoY); gross margin expands to 10.7% on Thailand production shift
Identiv, Inc.
2025-Q3 EPS
reported -$0.63
vs consensus -$0.22
▼ miss
(-185.1%)
- Revenue $5.0M vs $6.5M YoY; GAAP net loss from continuing ops $(3.5)M ($0.15 loss per share) vs $(9.3)M ($0.40) YoY.
- GAAP gross margin improved to 10.7% from 3.6%; non-GAAP gross margin 19.1% from 9.3%, driven by Thailand production.
- Non-GAAP adjusted EBITDA loss $(3.6)M vs $(4.5)M YoY; Q4 2025 revenue guidance $5.4M-$5.9M.
- GAAP operating expenses fell to $6.1M from $9.8M primarily due to lower strategic review costs.