INVE Q2 2023 Earnings — Identiv, Inc. Revenue & Financial Results | Market Cap Arena

INVEIdentiv, Inc.

$85M

Q2 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$11M-58.8% YoY

Gross Profit

$2M14.2% margin

Operating Income

-$3M-29.0% margin

Net Income

-$1M-10.0% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-55.9%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$643,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$112M

Total Liabilities

$37M

Stockholders' Equity

$74M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$28M	-58.8%
Gross Profit	$2M	$10M	-84.0%
Operating Income	-$3M	-$38,000	-8655.3%
Net Income	-$1M	-$251,000	-355.8%

Revenue Segments

Identity

$18M60%

Physical Access Control Systems

$12M40%