Welcome to our dedicated page for Identiv news (Ticker: INVE), a resource for investors and traders seeking the latest updates and insights on Identiv stock.
Identiv (NASDAQ: INVE) delivers innovative security solutions for physical and digital environments through RFID, IoT, and cloud-based trust services. This news hub provides investors and security technology professionals with essential updates on the company's strategic initiatives across government, healthcare, and enterprise sectors.
Access real-time updates on Identiv's product developments, financial performance, and industry partnerships. Our curated news feed covers critical announcements including quarterly earnings, new product launches, and strategic collaborations that shape the security technology landscape.
Stay informed about Identiv solutions protecting access control systems, IoT networks, and digital identity management platforms. The news collection serves as your primary source for understanding how Identiv addresses evolving cybersecurity challenges while expanding its global market presence.
Bookmark this page for streamlined access to Identiv's official communications and expert analyses. Regularly updated content ensures you maintain awareness of developments impacting both physical premises security and digital trust management ecosystems.
Identiv, Inc. (NASDAQ: INVE) has announced a teleconference and webcast scheduled for May 4, 2023, at 5:00 p.m. EDT to discuss its financial results for the first quarter ended March 31, 2023. The results will be released prior to the call and accessible on the Company’s investor relations page. Interested participants can join via toll-free number 888-506-0062 or internationally at 973-528-0011, using Call ID: 904963. A replay will be available until May 18, 2023.
Identiv specializes in digital security and identification solutions, particularly in the Internet of Things (IoT) sector. The Company provides a wide range of services, including RFID and NFC, cybersecurity, and physical access control.
Identiv, a leader in digital security and identification, has launched its bitse.io IoT platform at the Nashville Predators Foundation's WineFest 2023. This initiative allows vendors to create custom mobile menus using NFC tags, enabling attendees to access unique content by tapping their devices at vendor tables. The event aims to support youth and families in the Nashville community, with all proceeds benefiting the Predators Foundation. Identiv's platform integrates various technologies including RFID and BLE for enhanced brand engagement.
VP/GM IoT Business Amir Khoshniyati expressed excitement over this partnership, emphasizing the platform's role in elevating attendee engagement during the fundraiser.
Identiv, a leader in digital security and identification, announced its partnership with French football club ES Troyes AC to implement NFC tags in all jerseys for the 2022-23 season. This collaboration uses collectID's blockchain technology to enhance fan engagement through unique digital IDs. After a successful pilot in May 2022, the initiative provides fans with proof of authenticity, special promotions, and exclusive video content. Each jersey includes a unique encrypted digital certificate for secure authentication, enabling the club to better understand its fan base.
Identiv, Inc. (NASDAQ: INVE) reported a record revenue of $112.9 million for FY 2022, a 9% increase from FY 2021. The company’s fiscal year gross margin was 36.3%, while non-GAAP adjusted EBITDA grew 33% year-over-year to $5.4 million. Backlog increased 16% to $35.0 million, and RFID units shipped surged 28% sequentially. Despite a net loss of $0.4 million for FY 2022, the fourth quarter saw a revenue uptick to $29.0 million. The management anticipates FY 2023 revenues between $125 million and $130 million, signaling continued growth prospects.
Identiv, Inc. (NASDAQ: INVE) has successfully deployed its Hirsch Velocity Software and Velocity Vision VMS at San Diego International Airport (SAN), further enhancing the airport's access control and video management systems. This integration allows for a unified security solution, providing real-time situational awareness across the airport's surveillance infrastructure. With compatibility for over 10,000 camera models, the system aims to streamline security operations while leveraging existing technologies. This development marks a significant advancement in identifying and managing security events effectively at one of the busiest airports in California.
Identiv, Inc. (NASDAQ: INVE) has launched a new Hyperconverged Infrastructure (HCI) solution in collaboration with Scale Computing. This advanced solution integrates virtualization, servers, storage, and backup into a single automated platform, enhancing ease of application management. Key applications include Hirsch Velocity visitor management and Velocity Vision video management system, providing comprehensive situational awareness. The HCI aims to simplify deployments while reducing downtime for customers across various industries. Identiv emphasizes its commitment to innovation, cost reduction, and customer-centric solutions, aiming to streamline security operations.
Identiv, Inc. (NASDAQ: INVE) will host a teleconference and webcast on March 2, 2023, at 5:00 p.m. EST to discuss its financial results for Q4 and fiscal year 2022, ending December 31, 2022. Details will be available in a press release prior to the call on the company’s investor relations website. The teleconference can be accessed via toll-free and international dial-in numbers, and will also be webcasted live. A replay will be available until March 15, 2023. Identiv specializes in digital security and identification within the IoT sector.
Identiv has announced a strategic partnership with Trace-ID to provide specialty and industrial UHF RFID solutions across North America. This exclusive agreement allows Identiv to leverage Trace-ID’s manufacturing capabilities in Europe, enhancing its product portfolio with access to 1 billion units of specialty UHF capacity. The collaboration aims to deliver competitively priced solutions for various applications, reinforcing Identiv's position as a leader in specialty RFID technology. The partnership is expected to drive global demand and expand market reach, highlighting the growing trend towards higher-value UHF designs in diverse sectors.
Identiv (NASDAQ: INVE) has expanded its partnership with STMicroelectronics, enhancing its portfolio of near-field communication (NFC) inlays for various sectors, including luxury goods, healthcare, and smart packaging. This collaboration introduces cost-effective ST25TN Type 2 NFC chips, which improve product identification and offer advanced security features, including encryption against counterfeiting. The ST25TN series complies with ISO/IEC14443 Type A and NFC Forum specifications, supporting data transfer rates of 106kbits/s. Identiv aims to deliver specialized solutions that enhance customer engagement and brand security.
