earnings
confidence high
sentiment neutral
materiality 0.75
Identiv Q2 revenue $5.7M up 14% YoY; net loss $4.7M; signs IoT asset sale to Trackonomy
Identiv, Inc.
- Revenue $5.7M vs $5.0M in Q2 2025; GAAP gross margin 16.1% vs (9.4%) YoY.
- GAAP net loss $4.7M ($0.20/share) vs $6.0M ($0.26) a year ago; non-GAAP adj EBITDA loss $2.7M vs $4.6M.
- Signed asset purchase agreement with Trackonomy on June 24, 2026; expected close Q3 FY2026.
- Q3 2026 revenue guidance $4.1M-$4.8M; one large customer pausing orders; chip allocation delays.
- Board intends to resume share repurchases up to $40M return before asset sale close.