Date | Price Target | Rating | Analyst |
---|---|---|---|
6/26/2023 | $10.00 → $11.00 | Neutral → Buy | B. Riley Securities |
11/3/2022 | Outperform → Market Perform | Northland Capital | |
11/3/2022 | $19.00 → $12.00 | Buy → Neutral | B. Riley Securities |
4/25/2022 | $20.00 | Buy | Craig Hallum |
Achieving ISO certification is a major milestone for a facility that has been in operation for less than 12 months. These certifications from the International Standards Organization (ISO) confirm that Identiv's operations in Thailand meet the rigorous requirements for both quality and environmental responsibility across its materials, products, processes, and services. Further, the strong industry expertise of Identiv's operations team facilitated the accelerated timeline for earning ISO certification. Identiv's Singapore facility recently renewed its ISO 9001 and ISO 14001 certifications through 2026.
Craig-Hallum analyst Anthony Stoss maintains Identiv (NASDAQ:INVE) with a Buy and lowers the price target from $9 to $8.
SC 13D/A - Identiv, Inc. (0001036044) (Subject)
SC 13D/A - Identiv, Inc. (0001036044) (Subject)
SC 13D - Identiv, Inc. (0001036044) (Subject)
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
8-K - Identiv, Inc. (0001036044) (Filer)
8-K - Identiv, Inc. (0001036044) (Filer)
10-Q - Identiv, Inc. (0001036044) (Filer)
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
4 - Identiv, Inc. (0001036044) (Issuer)
4 - Identiv, Inc. (0001036044) (Issuer)
4 - Identiv, Inc. (0001036044) (Issuer)
4 - Identiv, Inc. (0001036044) (Issuer)
4 - Identiv, Inc. (0001036044) (Issuer)
4 - Identiv, Inc. (0001036044) (Issuer)
Identiv, Inc. (NASDAQ:INVE), a global leader in RFID-enabled solutions for the Internet of Things (IoT), today announced the successful conclusion of its previously announced asset sale transaction with Vitaprotech, a security solutions provider. Upon closing the transaction, Identiv received a cash payment of approximately $144.2 million, subject to further customary adjustments, and Kirsten Newquist, formerly Identiv's President, IoT Solutions, succeeded Steven Humphreys as the Company's CEO. "We are pleased to have brought this strategic transaction to a successful close," said James Ousley, Chairman of the Board. "The proceeds significantly enhance our financial position and provide us
$145 Million Transaction Receives Final Remaining Regulatory Approval Transaction Expected to Close Within 30 Days Identiv, Inc. (NASDAQ:INVE), a global digital security and identification leader in the Internet of Things (IoT), today announced that the Committee on Foreign Investment in the United States ("CFIUS") has approved the Company's transaction to sell its physical security, access card, and identity reader operations and assets (the "Physical Security Business") to Vitaprotech, a security solutions provider. Identiv submitted notice of the proposed transaction to the U.S. government on May 9, 2024. Pursuant to Section 721 of the Defense Production Act of 1950, as amended, CF
Transformative $145 Million Agreement Approved by Stockholders on June 28; On Track to Close in Q3 2024, Subject to Regulatory Approval IoT Strategic Growth and Go-to-Market Plan Advances; Conclusion Expected in Q4 2024 Thailand Production Facility Earns ISO 9001:2015 and ISO 14001:2015 Certifications Identiv, Inc. (NASDAQ:INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the second quarter ended June 30, 2024. Status of Asset Sale Transaction On April 2, 2024, Identiv entered into a definitive asset purchase agreement to sell its physical security, access card, and identity reader operations and as
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