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, Inc. (NASDAQ: INVE) generates frequent news as a pure-play IoT company focused on RFID- and BLE-enabled solutions that create digital identities for physical objects. News coverage often centers on its financial results, strategic framework, manufacturing footprint, and partnerships that expand the use of connected tags, labels, and smart packaging across global industries.
Investors following Identiv’s news can expect regular quarterly earnings releases and related conference call announcements, where management discusses revenue trends, gross margins, operating expenses, and non-GAAP metrics such as adjusted EBITDA. These updates frequently reference the company’s Perform-Accelerate-Transform (P-A-T) strategy, the exit of lower-margin business, and the impact of consolidating production in Thailand.
Another key stream of news involves operational milestones and manufacturing developments. Identiv has reported the completion of its production transition from Singapore to a state-of-the-art facility in Bangkok, Thailand, describing this as a foundational milestone for its P-A-T strategy and a driver of operational efficiency and Multicomponent Manufacturing (MCM) capabilities.
Identiv also issues news about strategic partnerships and solution launches. Recent announcements include collaborations with IFCO to deploy BLE smart labels for reusable packaging in the fresh grocery supply chain, with Narravero to support Digital Product Passport deployments, and with ZATAP and Genuine-Analytics on NFC-based wine authentication solutions that combine IoT and blockchain technology.
In addition, Identiv highlights its participation in industry events and smart packaging forums, where it showcases NFC- and BLE-enabled packaging for Digital Product Passports and supply chain intelligence. Readers who monitor INVE news can track how these initiatives, partnerships, and manufacturing changes shape the company’s role in RFID- and BLE-enabled IoT markets over time.
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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.
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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.
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