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Identiv, Inc. (INVE) Reports Q3 Loss, Tops Revenue Estimates
INVEIdentiv(INVE) ZACKS·2024-11-07 23:57

分组1 - Identiv, Inc. reported a quarterly loss of 0.25pershare,slightlybetterthantheZacksConsensusEstimateofalossof0.25 per share, slightly better than the Zacks Consensus Estimate of a loss of 0.26, compared to a loss of 0.01pershareayearago,indicatinganearningssurpriseof3.850.01 per share a year ago, indicating an earnings surprise of 3.85% [1] - The company posted revenues of 6.53 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 8.87%, but down from $31.85 million in the same quarter last year [2] - Identiv shares have declined approximately 55.5% year-to-date, contrasting with the S&P 500's gain of 24.3% [3] 分组2 - The earnings outlook for Identiv is mixed, with the current consensus EPS estimate for the upcoming quarter at -0.27onrevenuesof0.27 on revenues of 6.2 million, and -1.02onrevenuesof1.02 on revenues of 41.4 million for the current fiscal year [7] - The Zacks Industry Rank for Computer - Peripheral Equipment is in the top 29% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]