Identiv (INVE) Expected to Announce Earnings on Wednesday

Identiv (NASDAQ:INVE) will likely be issuing its Q1 2025 quarterly 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) last announced its quarterly earnings data on Wednesday, March 5th. The technology company reported ($0.11) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.14. Identiv had a net margin of 113.62% and a negative return on equity of 20.60%. The firm had revenue of $6.70 million during the quarter, compared to analysts’ expectations of $6.12 million. During the same quarter in the previous year, the business 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 Price Performance

Shares of NASDAQ INVE traded down $0.11 during mid-day trading on Tuesday, hitting $3.29. The company had a trading volume of 159,421 shares, compared to its average volume of 75,413. The company has a market capitalization of $77.59 million, a PE ratio of 1.08 and a beta of 1.51. The business’s 50-day simple moving average is $3.26 and its 200 day simple moving average is $3.55. Identiv has a 1-year low of $2.86 and a 1-year high of $5.27.

Insider Activity

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

Analyst Ratings Changes

Several research analysts have commented on INVE shares. Lake Street Capital lowered their price target on shares of Identiv from $7.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, March 6th. StockNews.com lowered Identiv from a “hold” rating to a “sell” rating in a research report on Thursday, March 20th.

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.