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Stock impact report

Identiv Reports Second Quarter 2019 Results

Identiv, Inc. (INVE) 
Last identiv, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: identiv.com/investors
Company Research Source: GlobeNewswire
FREMONT, Calif., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE), a global provider of physical security and secure identification, reported financial results for the second quarter ended June 30, 2019.  Recent Financial and Operational Highlights 10% year-over-year revenue growth, with Premises up 21% and Identity up 1%Software and services revenue up 47%, comprising 12% of total revenue, up from 9% of total revenue in Q2 2018Gross Margin expansion: 44% gross margin in Q2 2019 vs 40% gross margin in Q2 2018Positive GAAP net income and positive EPS12th consecutive quarter of positive non-GAAP adjusted EBITDAPositive cash flow from operationsProduct platform in place to address convergence across physical and logical security solutionsFiled provisional patent for smart card and smart card reader enabled FIDO (Fast ID Online) cybersecurity solutionRetired U.S. Navy Vice Admiral Robin R. Braun elected to Board of Directors Second Quarter 2019 Financial Results Reven Show less Read more
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