Identiv (INVE) Misses Q1 EPS by 42c

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Go back to Identiv (INVE) Misses Q1 EPS by 42c

Identiv Reports First Quarter 2016 Results

May 11, 2016 4:16 PM EDT

FREMONT, Calif., May 11, 2016 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE) today announced financial results for its fiscal 2016 first quarter ended March 31, 2016. For the first quarter, total revenues were $12.5 million, GAAP gross profit margin was 42%, and adjusted EBITDA was $(3.8) million.

Were pleased to see the comparative and sequential growth in our physical access business, consistent with our focus on our Hirsch customers, the dealer channel, our... More