Northland Capital Lowers Price Target Following Identive Group (INVE) Q1 Miss
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Identiv's (INVE) Q1 Headwinds May Continue Through Q2; Cowen Drops PT to $18
May 14, 2015 7:57 AM EDTCowen and Company affirms Identiv (Nasdaq: INVE) at Outperform and moves its price target from $24 down to $18 following the company's Q1 report on Wednesday night.
Analyst Bryan Prohn offered the following commentary: INVE lowered its F2015 revenue guidance range by ~8 percent at the midpoint in the wake of March's... More
Identive Group (INVE) Misses Q1 EPS by 31c
May 13, 2015 4:11 PM EDTIdentive 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
