New Director Brings Strong Record of Delivering Shareholder Value to Identiv's Board SANTA ANA, Calif., April 14, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in RFID and BLE-enabled Internet of Things (IoT) solutions, today announced the appointment of Mick Lopez to its Board of Directors. Mr. Lopez is a public company board director and former CFO who brings decades of strategic and financial governance expertise to Identiv's Board of Directors. His extensive experience in mergers and acquisitions, coupled with his strong background in corporate governance, will further strengthen the Company's Board.

Perform-Accelerate-Transform Strategy Implementation Underway with Strengthened Commercial Team SANTA ANA, Calif., March 5, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today released its financial results for the fourth quarter and fiscal year ended December 31, 2024. "The fourth quarter of 2024 marks the beginning of Identiv's evolution into a pure play IoT solutions company," said Identiv CEO Kirsten Newquist. "With our Perform-Accelerate-Transform strategic framework in place, we are focused on drivin

Identiv and Novanta to market new RFID-based solutions that fill much needed gap for medical device and pharmaceutical manufacturers SANTA ANA, Calif., Feb. 27, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today announced a strategic business development and marketing partnership with Novanta Inc., a trusted technology provider in the medical device and life sciences markets. The partnership aims to streamline the adoption of intelligent, RFID-enabled solutions for medical device OEMs by combining Identiv's advanced RFID inlays, tags, and labels with Novanta's industry-leading ThingMagic reader modules and APIs, fillin

Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled solutions for the Internet of Things (IoT), will hold a teleconference and webcast on Wednesday, March 5, 2025, at 5:00 PM EST to discuss its financial results for the fourth quarter and fiscal year ended December 31, 2024. Financial results will be published in a press release prior to the call and available in the investor relations section of the Company's website. Fourth Quarter and Fiscal Year 2024 Earnings Teleconference Details Date: Wednesday, March 5, 2025 Time: 5:00 PM EST (2:00 PM PST) Toll-Free: +1 888-506-0062 International Number: +1 973-528-0011 Call ID: 652910 The teleconference will also be webcast. To register

Accomplished Commercial Leader Joins Identiv to Drive Sales Expansion and Business Development Initiatives Identiv, Inc. (NASDAQ:INVE), a global leader in RFID and BLE-enabled Internet of Things (IoT) solutions, today announced that veteran business leader Kim Macaulay has joined its executive team as Senior Vice President (SVP) of Sales, Marketing, and Business Development. In this newly created role, Ms. Macaulay will lead the commercial organization to drive market share in Identiv's core business while executing on its key growth initiatives, including expansion into high value segments and leading the business development efforts to drive adoption of Bluetooth Low Energy technology.

High-performance specialty inlays deliver enhanced RF performance, faster reading speeds, and more impactful NFC user interactions for IoT applications Identiv, Inc. (NASDAQ:INVE), a global leader in RFID and BLE-enabled Internet of Things (IoT) solutions, today announced its portfolio of next-generation, high-frequency (HF) near field communication (NFC)-enabled inlays, designed to power and support innovative IoT applications. Identiv's ID-Tune I3 and ID-Safe I3 NFC tags are the first to feature NXP Semiconductors' ICODE® 3 chip, delivering superior radio frequency (RF) performance, faster reading speeds, and enhanced data security. These inlays are ideally suited for applications deman

Closed Asset Sale Transaction on September 6, 2024 Announces $10 Million Stock Repurchase Program Introduces Perform-Accelerate-Transform Strategy Framework Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today released its financial results for the third quarter ended September 30, 2024. "The third quarter was transformative for Identiv, marked by the successful completion of our asset sale transaction," said Identiv CEO Kirsten Newquist. "This has strengthened our cash position, providing resources to fund our future growth. With a clear vision for the direction of our business, our ‘Perform, Accelerate, and Transform' strategy serves a

Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today announced that its Board of Directors has authorized a stock repurchase program for up to $10 million of its common stock. The Company also announced its Board of Directors intends to propose changes to the Company's corporate governance policies in advance of the 2025 annual meeting of stockholders. Stock Repurchase Program "The stock repurchase program reflects the Board's confidence in Identiv's new growth strategy and our belief that our shares are currently undervalued relative to the long-term potential of our specialty IoT solutions business," said James Ousley, Chairman of the Bo

Companies to deliver high-performance Industrial IoT applications leveraging Identiv's BLE tag design and InPlay's NanoBeacon™ technology Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today announced a strategic partnership with InPlay, a provider of wireless System-on-Chip (SoC) solutions. The collaboration will focus on delivering Bluetooth Low Energy (BLE)-enabled tags and IoT solutions by combining Identiv's best-in-class BLE tag engineering and design expertise with InPlay's NanoBeacon™ technology. The partnership is set to produce innovative BLE-enabled IoT solutions tailored to high-value industrial use cases, such as cold-chain te

Identiv, NFC Forum, and STMicroelectronics collaborate to support NFC-based solutions for the EU's Digital Product Passport initiative Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled solutions for the Internet of Things (IoT), is bringing sustainability to the fore, taking a leading role in driving the adoption of NFC-based Digital Product Passports (DPPs). On November 6, 2024, Identiv, in collaboration with NFC Forum, STMicroelectronics, and custom skateboard designer BoardPusher, will host an exclusive webinar focused on the critical role of NFC technology in advancing sustainability efforts and the implementation of the Digital Product Passport. Driving the Future of Susta

B. Riley Securities upgraded Identiv from Neutral to Buy and set a new price target of $11.00 from $10.00 previously

Northland Capital downgraded Identiv from Outperform to Market Perform

B. Riley Securities downgraded Identiv from Buy to Neutral and set a new price target of $12.00 from $19.00 previously

Craig Hallum initiated coverage of Identiv with a rating of Buy and set a new price target of $20.00

B. Riley Securities initiated coverage of Identiv with a rating of Buy and set a new price target of $21.00

Northland Securities resumed coverage of Identiv with a rating of Buy and set a new price target of $13.00

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New Director Brings Strong Record of Delivering Shareholder Value to Identiv's Board SANTA ANA, Calif., April 14, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in RFID and BLE-enabled Internet of Things (IoT) solutions, today announced the appointment of Mick Lopez to its Board of Directors. Mr. Lopez is a public company board director and former CFO who brings decades of strategic and financial governance expertise to Identiv's Board of Directors. His extensive experience in mergers and acquisitions, coupled with his strong background in corporate governance, will further strengthen the Company's Board.

FREMONT, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ:INVE), global digital security and identification leader in the Internet of Things (IoT), today announced the appointment of Laura Angelini and Richard Kuntz, MD, MSc. to its Board of Directors. Both Directors bring unique medical industry expertise to the Board, an industry that is recognized as one of the largest global market opportunities for Identiv IoT products and services. The new board members' experience managing disciplined, global operations for large, multinational healthcare companies, and integrating leading edge technology into their operational processes, will be strategically invaluable to Identiv's

FREMONT, Calif., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ:INVE), a global leader in digital security and identification in the Internet of Things (IoT), today announced Amir Khoshniyati as General Manager and Vice President, Transponder Business. Mr. Khoshniyati is responsible for the company's global radio frequency identification (RFID) technology solutions business. The appointment reinforces Identiv's high-momentum growth and success in the RFID segment across several industries, including healthcare, mobility, and smart packaging. Mr. Khoshniyati joined Identiv in August 2021 as Vice President of Business Development, Americas. He brings exceptional global experience a

FREMONT, Calif., Dec. 2, 2021 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in digital security and identification in the Internet of Things (IoT), today announced Justin Scarpulla will be appointed as Chief Financial Officer effective December 6, 2021. Strategic SpaceX and Semiconductor Industry Financial Leader Joins Identiv to Lead Company GrowthMr. Scarpulla brings more than 25 years of financial leadership experience to Identiv. He joins Identiv from SpaceX, which designs, manufactures, and launches advanced rockets and spacecraft, as well as operating the

FREMONT, Calif., Aug. 2, 2021 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in digital identification and security, today announced the addition of Amir Khoshniyati as Vice President of Business Development, Americas for the company's radio frequency identification (RFID) technology solutions. Khoshniyati's appointment to this newly created role is part of the company's investment in growing its RFID sales team by 50% by the end of 2021. Experienced NFC, IoT, and Digital Identity Exec Amir Khoshniyati Joins Identiv as VP, Business Development, Americas  Khoshniy

FREMONT, Calif., Jan. 26, 2021 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), a global leader in digital identification and security, today announced the addition of Leigh Dow as Vice President of Marketing. Dow's appointment to this newly created role is part of the company's ongoing transformation to become the leading provider of security and identity solutions that make the world safer and smarter. She reports directly to Identiv's CEO Steven Humphreys. Leigh Dow, VP of Marketing, Identiv Media, marketing, technology executive Leigh Dow architects the future of Identiv's business-enabling marketing function Tweet this Dow brings exceptional experience across a

Perform-Accelerate-Transform Strategy Implementation Underway with Strengthened Commercial Team SANTA ANA, Calif., March 5, 2025 /PRNewswire/ -- Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today released its financial results for the fourth quarter and fiscal year ended December 31, 2024. "The fourth quarter of 2024 marks the beginning of Identiv's evolution into a pure play IoT solutions company," said Identiv CEO Kirsten Newquist. "With our Perform-Accelerate-Transform strategic framework in place, we are focused on drivin

Closed Asset Sale Transaction on September 6, 2024 Announces $10 Million Stock Repurchase Program Introduces Perform-Accelerate-Transform Strategy Framework Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled Internet of Things (IoT) solutions, today released its financial results for the third quarter ended September 30, 2024. "The third quarter was transformative for Identiv, marked by the successful completion of our asset sale transaction," said Identiv CEO Kirsten Newquist. "This has strengthened our cash position, providing resources to fund our future growth. With a clear vision for the direction of our business, our ‘Perform, Accelerate, and Transform' strategy serves a

Record Fiscal Year Revenues of $116.4 million Delivered $4.8 million in Cash Flow from Operations in Fourth Quarter 2023 Secured Second Facility in Thailand for Future RFID Production Identiv, Inc. (NASDAQ:INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the fourth quarter and fiscal year ended December 31, 2023. Recent Financial and Operational Highlights FY 2023 revenue was $116.4 million, up 3% year-over-year. Ended Q4 2023 with $24.4 million in cash, cash equivalents and restricted cash. Maintained a strong working capital position of $48.7 million exiting the fourth quarter. Federal bil

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 Identiv, Inc. (NASDAQ:INVE), a global digital security and identification leader in the Internet of Things (IoT), today reported its financial results for the third quarter ended September 30, 2023. Recent Financial and Operational Highlights Third quarter revenue was $31.8 million, up 3% year-over-year, record quarterly revenues. Q3 2023 GAAP gross margin grew to 37.5%, up 140bps year-over-year; non-GAAP gross margin grew to 39.1%, up 178bps year-over-year. Non

Record Revenue for a Fiscal Second Quarter, with Strong Gross Margins Year-over-Year Generated Net Operating Cash and Non-GAAP Positive Free Cash Flow RFID Production Facility in Thailand Fully Operational Identiv, Inc. (NASDAQ:INVE), a global digital security and identification leader in the Internet of Things (IoT), today reported its financial results for the second quarter ended June 30, 2023. Recent Financial and Operational Highlights Second quarter revenue grew 6% year-over-year to $29.6 million, a fiscal second quarter record. Premises revenue grew 8% year-over-year to $11.9 million; Identity revenue grew 5% year-over-year to $17.7 million. Q2 2023 GAAP gross margin

Record Revenue for a Fiscal First Quarter, with Stable Gross Margins Year-over-Year Identiv, Inc. (NASDAQ:INVE), global digital security and identification leader in the Internet of Things (IoT), today reported its financial results for the first quarter ended March 31, 2023. Recent Financial and Operational Highlights First quarter revenue grew 4% year-over-year to $26.0 million, a fiscal first quarter record. Premises revenue grew 8% year-over-year to $11.3 million; Identity revenue grew 1% year-over-year to $14.7 million. GAAP gross margin in Q1 2023 was 35.4%; non-GAAP gross margin in the first quarter was flat year-over-year at 37.1%. Shipped 10 million units of Wiliot'

FY 2022 Revenue was a Record $112.9 Million Total Backlog Grew 16% Year-Over-Year to $35.0 Million  FY 2022 Revenue from Premises Up 17% Year-Over-Year to $45.5 Million RFID Units Shipped Grew 28% Sequentially Identiv, Inc. (NASDAQ:INVE), global digital security and identification leader in the Internet of Things (IoT), reported financial results for the fourth quarter and fiscal year ended December 31, 2022, reflecting record levels of fiscal year revenue and adjusted EBITDA with year-over-year margin growth. Fiscal Year 2022, Fourth Quarter 2022, and Recent Financial and Operational Highlights Fiscal year 2022 revenue was a record $112.9 million; fourth quarter revenue grew to $29.

Record Quarterly Total Revenue at $31.0 Million Total Backlog Grew to $36.9M, up 31% Year-Over-Year RFID Units Shipped Grew 17% Year-Over-Year Premises Up 14% Year-Over-Year, Much Faster than Industry Average Growth FREMONT, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) --  Identiv, Inc. (NASDAQ:INVE), global digital security and identification leader in the Internet of Things (IoT), reported financial results for the third quarter ended September 30, 2022, reflecting record levels of revenue in both business segments and total backlog for future shipments. Third Quarter 2022 and Recent Financial and Operational Highlights Third quarter total revenue grew to $31.0 million, a new record for

FREMONT, Calif., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ:INVE), global digital security and identification leader in the Internet of Things (IoT), will release its financial results for the third quarter, ended September 30, 2022, after the market close on Wednesday, November 2, 2022. Management will hold a conference call and webcast on that day at 5:00 PM ET (2:00 PM PT) to review and discuss the company's results for the third quarter 2022. Date: Wednesday, November 2, 2022Time: 5:00 PM ET (2:00 PM PT)Toll-Free Number: +1 877-545-0523International Number: +1 973-528-0016Call ID: 108005Webcast: Register and Join Please call the conference telephone number 5 - 10 minutes

RFID Revenue Grew 41% Year-Over-Year Premises Grew 19% Year-Over-Year, More than Three Times the Industry Average Total Revenue Increases 16% Year-Over-Year GAAP Gross Profit Margin Expansion +87 bps Sequentially to 37% Non-GAAP Gross Profit Margin Expansion +97 bps Sequentially to 38% FREMONT, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ:INVE), global digital security and identification leader in the Internet of Things (IoT), reported financial results for the second quarter ended June 30, 2022, reflecting the company's continued leadership in specialty RFID applications for the IoT sector. Second Quarter 2022 and Recent Financial and Operational Highlights RFID

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