Welcome to our dedicated page for Identiv news (Ticker: INVE), a resource for investors and traders seeking the latest updates and insights on Identiv stock.
Identiv, Inc. (NASDAQ: INVE) generates frequent news as a pure-play IoT company focused on RFID- and BLE-enabled solutions that create digital identities for physical objects. News coverage often centers on its financial results, strategic framework, manufacturing footprint, and partnerships that expand the use of connected tags, labels, and smart packaging across global industries.
Investors following Identiv’s news can expect regular quarterly earnings releases and related conference call announcements, where management discusses revenue trends, gross margins, operating expenses, and non-GAAP metrics such as adjusted EBITDA. These updates frequently reference the company’s Perform-Accelerate-Transform (P-A-T) strategy, the exit of lower-margin business, and the impact of consolidating production in Thailand.
Another key stream of news involves operational milestones and manufacturing developments. Identiv has reported the completion of its production transition from Singapore to a state-of-the-art facility in Bangkok, Thailand, describing this as a foundational milestone for its P-A-T strategy and a driver of operational efficiency and Multicomponent Manufacturing (MCM) capabilities.
Identiv also issues news about strategic partnerships and solution launches. Recent announcements include collaborations with IFCO to deploy BLE smart labels for reusable packaging in the fresh grocery supply chain, with Narravero to support Digital Product Passport deployments, and with ZATAP and Genuine-Analytics on NFC-based wine authentication solutions that combine IoT and blockchain technology.
In addition, Identiv highlights its participation in industry events and smart packaging forums, where it showcases NFC- and BLE-enabled packaging for Digital Product Passports and supply chain intelligence. Readers who monitor INVE news can track how these initiatives, partnerships, and manufacturing changes shape the company’s role in RFID- and BLE-enabled IoT markets over time.
Identiv Inc. (NASDAQ: INVE) reported a strong financial performance for Q3 2021, with total revenue increasing by 17% year-over-year to $29.1 million. Identity segment revenue grew 21%, while Premises rose 10%. The company generated $2.9 million in cash flow from operations and achieved a net income of $2.5 million. All outstanding debt has been retired, leaving $29.2 million in cash. The backlog for future shipments increased by 51% year-over-year, and the company expects 2022 revenues to rise 25%-30% to between $130 million and $135 million.
Identiv collaborates with OTACA Tequila to enhance smart packaging using NFC technology. This partnership introduces NFC-enabled authentication and product tracing that amplifies customer engagement through a digital platform. The NFC tags allow consumers to access product history and verify authenticity with a simple tap, improving brand transparency and loyalty. Identiv's high-quality NFC tags, including NTAG 210u, power this initiative, while blockchain technology reinforces supply chain trust. This collaboration aligns with Identiv's growth in RFID and NFC solutions for improved consumer experiences.
Identiv, Inc. (NASDAQ: INVE) will announce its third-quarter financial results for the period ending September 30, 2021, after market close on November 2, 2021. A conference call with management will take place at 5 PM ET to discuss these results. Interested parties can register for the webcast or call into the conference. The replay will also be available after the call until November 16, 2021. Identiv is a leader in digital security and identification, focusing on RFID, NFC, and cybersecurity solutions.
Identiv, Inc. (NASDAQ: INVE) announced its participation in GSX 2021 from September 27-29 and RFID Journal LIVE! 2021 from September 27-28, showcasing advanced solutions for the connected world. At GSX, the company will highlight physical security, identity management, and cloud-based access control. At RFID Journal LIVE!, Identiv will demonstrate its RFID technology for IoT applications. Notably, their NFC-enabled SyringeCheck solution is a finalist for the Best New Product Award. Investors can request one-on-one meetings with management.
Identiv, Inc. (NASDAQ: INVE) will participate in several virtual financial conferences in September 2021. The events include the 10th Annual Gateway Conference on September 8, where the company will present at 1:30 PM ET, the 2021 Colliers Institutional Investor Conference on September 9, and the Lake Street 5th Annual Best Ideas Growth Conference on September 14, both featuring one-on-one meetings. Interested parties can contact the investor relations team at Identiv for more details.
Identiv, Inc. (NASDAQ: INVE) has launched the uCreate NFC platform and uCreate NFC Software Development Kit (SDK) aimed at simplifying near-field communication (NFC) solutions for mobile application developers. This platform targets developers with limited NFC experience, providing resources like sample code and demo apps. The uCreate NFC Tag Kit contains various NFC tags compatible with Android and iOS, facilitating prototype and app development across a range of industries including healthcare, retail, and smart home technology.
Amprius Technologies has appointed Sandra Wallach as Chief Financial Officer, bringing extensive experience from companies like General Electric and Identiv. Wallach's role will support Amprius as it advances in producing high-energy lithium-ion batteries. She aims to leverage her corporate finance background to drive growth at Amprius, which is known for its cutting-edge battery technology and high energy density cells. CEO Kang Sun expressed confidence that Wallach's leadership will enhance the company's strategic efforts in electric mobility.
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Identiv, Inc. (NASDAQ: INVE) reported a 26% increase in total revenue year-over-year, reaching $24.0 million in Q2 2021, driven by a 39% growth in RFID sales. Federal government sales surged 34%, reinforcing the company's strength in this segment. The backlog for Q3 2021 rose 46% sequentially, indicating positive momentum. GAAP net income was $2.5 million, a turnaround from losses in the previous year. The company also announced an increase in revenue guidance to a range of $100 million to $106 million for FY 2021. An interim CFO will be appointed following the resignation of CFO Sandra Wallach.
Identiv (NASDAQ: INVE) has appointed Amir Khoshniyati as the Vice President of Business Development for the Americas, focusing on enhancing its RFID technology solutions. This addition is part of a strategy to expand the RFID sales team by 50% by the end of 2021. Khoshniyati brings extensive experience in NFC, RFID, and IoT, previously holding senior roles at leading manufacturers. The company recently reported a 53% increase in RFID unit shipments and 59% growth in RFID revenue year-over-year, indicating a robust market position.
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