INVE - Identive GAAP EPS of $0.01 misses by $0.05 revenue of $31M misses by $4.74M
- Identive press release ( NASDAQ: INVE ): Q3 GAAP EPS of $0.01 misses by $0.05 .
- Revenue of $31M (+6.5% Y/Y) misses by $4.74M .
- Financial Outlook:
- Identiv provides guidance based on current market conditions and expectations, including macroeconomic conditions. Management is updating its guidance range for fiscal year 2022, with expected revenues of $112 million to $118 million (vs $126.85M consensus). Normal seasonality is expected to continue. Management is updating its guidance to 20% to 25% year-over-year revenue growth in fiscal year 2023.
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Identive GAAP EPS of $0.01 misses by $0.05, revenue of $31M misses by $4.74M