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. reports developments in RFID- and Bluetooth Low Energy-enabled Internet of Things solutions that give physical products digital identities. Company news centers on RFID inlays, tags, labels, ID-Safe HF and NFC tags, BLE smart labels, and applications in healthcare, logistics, consumer electronics, luxury goods, smart packaging, pharmaceuticals, food and beverage, and retail.
Recurring updates include quarterly financial results, earnings calls, customer and supply agreements, product authentication and tamper-detection offerings, cold-chain tracking partnerships, and manufacturing capabilities for multicomponent RFID and BLE tags. News also covers the completed move of manufacturing from Singapore to Bangkok, Thailand, and operational updates tied to its Perform-Accelerate-Transform strategy.
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.
Summary not available.
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.
Identiv (NASDAQ: INVE) will announce its second-quarter financial results for the period ending June 30, 2021, following market close on August 3, 2021. A conference call is scheduled for 5 PM ET to discuss the outcomes. Interested parties can connect via a toll-free number or through a live webcast. The replay of the call will be accessible until August 17, 2021. Identiv specializes in securing digital and physical environments through its innovative solutions.
Identiv (NASDAQ: INVE) will showcase advanced visual intelligence and operating expense (OPEX) solutions at ISC West 2021 on July 19-20 in Las Vegas. Key offerings include the Velocity Vision video management system (VMS) and Freedom Cloud access-control-as-a-service (ACaaS). These innovations target sectors like government and healthcare, aiming to enhance security and operational efficiency. Identiv's ACaaS model emphasizes flexibility and cost efficiency, positioning the company as a leader in the evolving digital security landscape.