Identiv Reports First Quarter 2015 Results

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Go back to Identiv Reports First Quarter 2015 Results

Northland Capital Lowers Price Target Following Identive Group (INVE) Q1 Miss

May 14, 2015 9:09 AM EDT

Northland Capital Markets maintains an Outperform rating on Identiv, Inc. (NASDAQ: INVE), and lowered the price target to $14.00 (from $21.00), following Q1 miss. Revenue was $14.9M, missing Northlands estimate of $18.4M, and consensus of $19.7M. Identiv lowered its full year revenue guidance to $90-$95... More

Identive Group (INVE) Misses Q1 EPS by 31c

May 13, 2015 4:11 PM EDT

Identive Group (NASDAQ: INVE) reported Q1 EPS of ($0.54), $0.31 worse than the analyst estimate of ($0.23). Revenue for the quarter came in at $14.9 million versus the consensus estimate of $19.74 million.

First quarter 2015 results included restructuring costs of $0.2 million, compared to restructuring costs of $0.4 million.

For... More