Identiv (INVE) Expected to Announce Quarterly Earnings on Wednesday

Identiv (NASDAQ:INVE - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect Identiv to post earnings of ($0.24) per share and revenue of $4.95 million for the quarter. Identiv has set its Q1 2025 guidance at EPS.

Identiv (NASDAQ:INVE - Get Free Report) last issued its earnings results on Wednesday, March 5th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.25) by $0.14. The firm had revenue of $6.70 million for the quarter, compared to analysts' expectations of $6.12 million. Identiv had a net margin of 113.62% and a negative return on equity of 20.60%. During the same quarter last year, the company posted $0.02 earnings per share. On average, analysts expect Identiv to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Identiv Stock Up 0.9 %

Shares of NASDAQ:INVE traded up $0.03 during trading on Monday, hitting $3.37. 6,195 shares of the company traded hands, compared to its average volume of 75,003. The stock has a market capitalization of $79.47 million, a price-to-earnings ratio of 1.11 and a beta of 1.32. Identiv has a one year low of $2.86 and a one year high of $5.27. The business's fifty day moving average is $3.27 and its 200-day moving average is $3.55.

Wall Street Analysts Forecast Growth

INVE has been the topic of several analyst reports. Lake Street Capital dropped their target price on Identiv from $7.00 to $6.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. StockNews.com downgraded shares of Identiv from a "hold" rating to a "sell" rating in a research report on Thursday, March 20th.

Insider Transactions at Identiv

In other news, CEO Kirsten F. Newquist bought 19,000 shares of the business's stock in a transaction on Thursday, March 13th. The stock was purchased at an average cost of $3.32 per share, for a total transaction of $63,080.00. Following the completion of the transaction, the chief executive officer now directly owns 258,931 shares of the company's stock, valued at approximately $859,650.92. This trade represents a 7.92 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.60% of the company's stock.

Identiv Company Profile

Identiv, Inc, a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security.