INVE Q3 2023 Earnings — Identiv, Inc. Revenue & Financial Results | Market Cap Arena

INVEIdentiv, Inc.

$85M

Q3 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$12M-62.1% YoY

Gross Profit

$1M11.2% margin

Operating Income

-$3M-28.3% margin

Net Income

-$22,000-0.2% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

-$322,000

Free Cash Flow

-$1M

Stock-Based Comp.

$989,000

Balance Sheet

Total Assets

$111M

Total Liabilities

$37M

Stockholders' Equity

$75M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$31M	-62.1%
Gross Profit	$1M	$11M	-88.2%
Operating Income	-$3M	$549,000	-704.6%
Net Income	-$22,000	$519,000	-104.2%

Revenue Segments

Identity

$18M57%

Physical Access Control Systems

$14M43%

Geographic Segments

Americas

$21M67%

Europe And Middle East

$5M17%

Asia Pacific

$5M16%