Identiv

Identiv, Inc. engages in the provision of physical security and secure identification solutions. Its products include physical access control and video, logical access control, credentials, and RFID inlays and tags. The firm serves the government, healthcare, airports and aviation, and education. It operates through the Identity and Premises segments. The Identity segment consists of products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the Internet of Things with radio frequency identification. The Premises segment offers solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. The company was founded in 1990 and is headquartered in Fremont, CA.

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Identiv reports record revenue and margin growth, eyes strategic expansion

Identiv's strong financial performance in 2022 reflects growth and margin improvements, with a focus on high-value solutions.
Challenges in transformational markets and supply chain persist, but the company is mitigating impacts and aiming for growth.
Opportunities lie in revenue expansion, margin improvement, and strategic initiatives, with a positive outlook on business prospects.

Identiv reports record Q1 revenues, eyes IoT growth opportunities

Identiv's Q1 2023 performance showcased strong revenue growth in key segments, despite facing challenges with operating expenses. The company's focus on innovation, supplier diversification, and market expansion positions it well for future opportunities in the IoT and physical security sectors. Maintaining a balance between revenue growth and cost management will be crucial for sustainable profitability.

Identiv reports robust Q2 results, eyes growth amid sector challenges

Identiv's Q2 performance showcased revenue growth, margin expansion, and positive cash flow, driven by strong RFID and Security segments.
While facing challenges in longer sales cycles and strategic reviews, opportunities lie in supply chain improvements and commercial segment growth.
Overall, Identiv's strategic focus on high-value goods and market presence at tech events position it for continued success.

Identiv reports Q3 revenue growth, focuses on high-margin opportunities

Identiv's Q3 performance showcased strong revenue growth in the Premises business, offset by challenges in the Identity segment, with a focus on strategic growth initiatives and operational efficiency.
The company's emphasis on high-margin opportunities, new product launches, and revenue diversification positions it well for future growth and market competitiveness.
While facing challenges such as delayed shipments and margin pressures, Identiv's focus on innovation, market expansion, and investor engagement presents opportunities for long-term value creation.
With a clear focus on maximizing value opportunities for investors and implementing quarterly guidance for transparency, Identiv aims to drive growth and strategic positioning in core businesses.

Identiv reports strong Q4 earnings, eyes IoT and security growth

Identiv's Q4 performance showed revenue growth, cost control measures, and improved cash position. The company is strategically positioned to capitalize on growth opportunities in IoT and physical security sectors. Challenges include revenue impact from technology transitions and OpEx increases, but Identiv is actively addressing these to drive future growth.

Identiv refocuses on IoT post asset divestment, eyes healthcare growth

Identiv's strategic shift towards IoT business post asset divestment and new CEO appointment signals a focused growth strategy. The company's emphasis on high-margin growth, market expansion in healthcare, and production optimization in Thailand positions it for long-term success.
While facing challenges in production transition and exiting low-margin businesses, Identiv's strengths in premises and identity segments, along with a clear vision for market expansion, provide a solid foundation for future growth.

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SANTA ANA, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global leader in RFID-enabled solutions for the Internet of Things (IoT), today announced the successful conclusion of its previously announced asset sale transaction with Vitaprotech, a security solutions provider. Upon closing the transaction, Identiv received a cash payment of approximately $144.2 million, subject to further customary adjustments, and Kirsten Newquist, formerly Identiv's President, IoT Solutions, succeeded S.

Identiv Completes Sale of its Physical Security Business

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today announced that the Committee on Foreign Investment in the United States ("CFIUS") has approved the Company's transaction to sell its physical security, access card, and identity reader operations and assets (the “Physical Security Business”) to Vitaprotech, a security solutions provider. Identiv submitted notice of the proposed transaction to.

Identiv Announces Security Business Asset Sale Transaction Receives CFIUS Clearance

Identiv, Inc. (NASDAQ:INVE ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Steven Humphreys - President & Chief Executive Officer Kirsten Newquist - President, IoT Solutions Justin Scarpulla - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Stacy Che - B. Riley Operator Good afternoon.

Identiv, Inc. (INVE) Q2 2024 Earnings Call Transcript

Identiv, Inc. (INVE) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.06 per share a year ago.

Identiv, Inc. (INVE) Reports Q2 Loss, Lags Revenue Estimates

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the second quarter ended June 30, 2024. Status of Asset Sale Transaction On April 2, 2024, Identiv entered into a definitive asset purchase agreement to sell its physical security, access card, and identity reader operations and assets (the “Physical Security Business”) to a wholly owned subsidiary of Vitapr.

Identiv Reports Second Quarter 2024 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global leader in digital security and identification in the Internet of Things (IoT), will hold a teleconference and webcast on Thursday, August 8, 2024, at 5:00 PM EDT to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be published in a press release prior to the call and available in the investor relations section of the Company's website. Second Quarter 2024 Earnings Teleconfere.

Identiv Sets Second Quarter 2024 Earnings Call for Thursday, August 8, 2024, at 5:00 PM EDT

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), is proud to announce a strategic partnership with Omnilert, a leading provider of AI visual gun detection technology. Through this partnership, Identiv became a reseller of Omnilert Gun Detect, integrating its advanced gun detection capabilities into the Velocity Vision Ecosystem to significantly enhance safety monitoring across a variety of sites,.

Identiv Announces Strategic Partnership with Omnilert to Enhance Safety with Advanced Gun Detection Technology

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today announced that its stockholders approved the asset sale transaction with Vitaprotech, a security solutions provider, at the Company's Annual Meeting held on June 28, 2024. The Company sought stockholder approval of the asset sale. Approximately 96% of shares voted were voted ‘FOR' the asset sale proposal. Approximately 72% of the Company's ou.

Identiv Announces Stockholder Approval of Transaction with Security Solutions Provider Vitaprotech

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global technology leader specializing in advanced Internet of Things (IoT) solutions, today announced that its radio frequency identification (RFID) and Bluetooth Low-Energy (BLE) device production facility in Thailand has earned the ISO 9001:2015 Quality Management System and ISO 14001:2015 Environmental Management System certifications, affirming its adherence to world-class quality management and environmental sustainability s.

Identiv's Thailand Production Facility Achieves ISO 9001:2015 and ISO 14001:2015 Certifications

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Identiv, Inc. (NASDAQ:INVE ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Steven Humphreys - President & CEO Justin Scarpulla - CFO Kirsten Newquist - President, IoT Solutions Conference Call Participants Craig Ellis - B. Riley Securities Michael Piccolo - Imperial Capital Jaeson Schmidt - Lake Street Capital Markets Operator Good afternoon.

Identiv, Inc. (INVE) Q1 2024 Earnings Call Transcript

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the first quarter ended March 31, 2024. Recent Financial and Operational Highlights Concluded strategic review with announcement of $145 million asset purchase agreement (APA) transaction with security solutions provider Vitaprotech; transaction expected to close in Q3 2024, subject to regulatory and stockho.

Identiv Reports First Quarter 2024 Financial Results

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FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global leader in digital security and identification in the Internet of Things (IoT), will hold a teleconference and webcast on Wednesday, May 8, 2024 at 5:00 PM EDT to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be published in a press release prior to the call and available in the investor relations section of the Company's website. First Quarter 2024 Earnings Teleconference.

Identiv Sets First Quarter 2024 Earnings Call for Wednesday, May 8, 2024 at 5:00 PM EDT

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today announced that Kirsten Newquist, a proven corporate leader with nearly 30 years' experience in building successful businesses, has joined the company as President, IoT Solutions. Ms. Newquist will assume the role of CEO of Identiv upon closing of the company's recently announced transaction with security solutions provider Vitaprotech. Ms. Ne.

Identiv Welcomes Kirsten Newquist as President, IoT Solutions

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), Internet of Things (IoT) technology leader and innovator, announced that its IoT team will showcase their latest RFID-enabled specialty IoT solutions at RFID Journal LIVE! 2024 in Las Vegas, Nev., on April 9 - 11, 2024. LIVE! is the world's largest conference and exhibition focused on RFID and related technologies. Identiv continues to drive innovation, deliver excellence, and shape the future of IoT. Throughout 2023, Identiv solid.

Identiv Highlights Excellence in Specialty IoT Solutions at RFID Journal LIVE! 2024

Identiv (INVE) is set to sell its physical security, access card and identity reader operations and assets to Vitaprotech.

Identiv (INVE) to Sell Part of Its Operations to Vitaprotech

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), has entered into a definitive asset purchase agreement to sell its physical security, access card, and identity reader operations and assets to Vitaprotech, a security solutions provider. The proceeds from the sale will significantly strengthen Identiv's financial position, generating capital to fund future organic and inorganic growth of its speci.

Identiv Announces Asset Purchase Agreement with Security Solutions Provider Vitaprotech for $145 Million

Identiv, Inc. (INVE) Q4 2023 Earnings Call Transcript

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today released its financial results for the fourth quarter and fiscal year ended December 31, 2023. Recent Financial and Operational Highlights FY 2023 revenue was $116.4 million, up 3% year-over-year. Ended Q4 2023 with $24.4 million in cash, cash equivalents and restricted cash. Maintained a strong working capital position of $48.7 million exiti.

Identiv Reports Fourth Quarter and Full Year 2023 Financial Results

Identiv (INVE) launches bitse.io 3.0 to simplify supply chain management, brand protection and customer engagement.

Identiv (INVE) Introduces Latest bitse.io 3.0 IoT Platform

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), today announced the launch of bitse.io 3.0, the latest iteration of its global IoT connecting cloud platform. The updated platform offers advanced features designed to transform applications in supply chain management, brand protection, and customer engagement. bitse.io simplifies the deployment of innovative IoT applications, enabling customers to.

Identiv Launches bitse.io 3.0 IoT Connecting Cloud with Advanced Supply Chain and Brand Protection Features

Identiv (INVE) unveils ScrambleFactor for the federal government, which uses three-factor security.

Identiv (INVE) Launches ScrambleFactor for Federal Government

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global digital security and identification leader in the Internet of Things (IoT), introduces ScrambleFactor, a groundbreaking addition to its high-security physical access control system (PACS) portfolio. The ScrambleFactor reader reimagines secure entry for the federal market with fingerprint biometrics and a state-of-the-art LCD touchscreen keypad, integrating multiple authentication methods to deliver unparalleled security, s.

Identiv Launches Innovative ScrambleFactor Reader with Biometrics and Multi-Factor Authentication for Secure Federal Government Access Control

FREMONT, Calif.--(BUSINESS WIRE)--Identiv, Inc. (NASDAQ: INVE), a global leader in digital security and identification in the Internet of Things (IoT), will hold a teleconference and webcast on Tuesday, March 12, 2024 at 5:00 PM EDT to discuss its financial results for the fourth quarter and fiscal year ended December 31, 2023. Financial results will be published in a press release prior to the call and available in the investor relations section of the Company's website. Fourth Quarter and Fis.

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