Identiv INVE reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Identiv missed estimated earnings by -100.0%, reporting an EPS of $-0.06 versus an estimate of $-0.03.
Revenue was down $16 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 16.0% drop in the share price the next day.
Here's a look at Identiv's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | -0.08 | -0.06 | -0.01 |
| EPS Actual | -0.01 | -0.06 | -0.13 | 0 |
| Revenue Estimate | 35.03M | 29.70M | 25.64M | 27.87M |
| Revenue Actual | 31.85M | 29.55M | 26.00M | 29.00M |
To track all earnings releases for Identiv visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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