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 (NASDAQ: INVE) delivers innovative security solutions for physical and digital environments through RFID, IoT, and cloud-based trust services. This news hub provides investors and security technology professionals with essential updates on the company's strategic initiatives across government, healthcare, and enterprise sectors.
Access real-time updates on Identiv's product developments, financial performance, and industry partnerships. Our curated news feed covers critical announcements including quarterly earnings, new product launches, and strategic collaborations that shape the security technology landscape.
Stay informed about Identiv solutions protecting access control systems, IoT networks, and digital identity management platforms. The news collection serves as your primary source for understanding how Identiv addresses evolving cybersecurity challenges while expanding its global market presence.
Bookmark this page for streamlined access to Identiv's official communications and expert analyses. Regularly updated content ensures you maintain awareness of developments impacting both physical premises security and digital trust management ecosystems.
Identiv, Inc. (NASDAQ: INVE) has announced a teleconference and webcast scheduled for May 4, 2023, at 5:00 p.m. EDT to discuss its financial results for the first quarter ended March 31, 2023. The results will be released prior to the call and accessible on the Company’s investor relations page. Interested participants can join via toll-free number 888-506-0062 or internationally at 973-528-0011, using Call ID: 904963. A replay will be available until May 18, 2023.
Identiv specializes in digital security and identification solutions, particularly in the Internet of Things (IoT) sector. The Company provides a wide range of services, including RFID and NFC, cybersecurity, and physical access control.
Identiv, a leader in digital security and identification, has launched its bitse.io IoT platform at the Nashville Predators Foundation's WineFest 2023. This initiative allows vendors to create custom mobile menus using NFC tags, enabling attendees to access unique content by tapping their devices at vendor tables. The event aims to support youth and families in the Nashville community, with all proceeds benefiting the Predators Foundation. Identiv's platform integrates various technologies including RFID and BLE for enhanced brand engagement.
VP/GM IoT Business Amir Khoshniyati expressed excitement over this partnership, emphasizing the platform's role in elevating attendee engagement during the fundraiser.
Identiv, a leader in digital security and identification, announced its partnership with French football club ES Troyes AC to implement NFC tags in all jerseys for the 2022-23 season. This collaboration uses collectID's blockchain technology to enhance fan engagement through unique digital IDs. After a successful pilot in May 2022, the initiative provides fans with proof of authenticity, special promotions, and exclusive video content. Each jersey includes a unique encrypted digital certificate for secure authentication, enabling the club to better understand its fan base.
Identiv, Inc. (NASDAQ: INVE) reported a record revenue of $112.9 million for FY 2022, a 9% increase from FY 2021. The company’s fiscal year gross margin was 36.3%, while non-GAAP adjusted EBITDA grew 33% year-over-year to $5.4 million. Backlog increased 16% to $35.0 million, and RFID units shipped surged 28% sequentially. Despite a net loss of $0.4 million for FY 2022, the fourth quarter saw a revenue uptick to $29.0 million. The management anticipates FY 2023 revenues between $125 million and $130 million, signaling continued growth prospects.
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