INVE Q1 2023 Earnings — Identiv, Inc. Revenue & Financial Results | Market Cap Arena

INVEIdentiv, Inc.

$85M

Q1 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$26M+3.7% YoY

Gross Profit

$9M35.4% margin

Operating Income

-$3M-10.5% margin

Net Income

-$3M-10.5% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-10.4%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$990,000

Balance Sheet

Total Assets

$106M

Total Liabilities

$32M

Stockholders' Equity

$74M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$25M	+3.7%
Gross Profit	$9M	$9M	+2.7%
Operating Income	-$3M	-$1M	-167.6%
Net Income	-$3M	-$999,000	-172.2%

Revenue Segments

Identity

$15M56%

Physical Access Control Systems

$11M44%