Identiv reports Q4 GAAP EPS (19c), consensus (20c)

Reports Q4 revenue $6.7M, consensus $6.12M. “The fourth quarter of 2024 marks the beginning of Identiv’s (INVE) evolution into a pure play IoT solutions company,” said Identiv CEO Kirsten Newquist. “With our Perform-Accelerate-Transform strategic framework in place, we are focused on driving future growth. We are strengthening our team, adding new strategic partnerships, keeping our new product development pipeline robust, and making steady progress in the Thailand production transition. We are confident that Identiv’s capabilities and focused approach will enable us to capitalize on emerging growth opportunities and deliver meaningful returns to our shareholders.”