Recap: Identiv Q4 Earnings
Portfolio Pulse from Benzinga Insights
Identiv (NASDAQ:INVE) reported Q4 earnings with an EPS of $-0.06, missing estimates by -100.0% against an expected $-0.03. Revenue decreased by $16 thousand from the previous year. The company's past earnings performance shows a pattern of missing EPS estimates, leading to significant share price drops, such as a 16.0% decrease following the last quarter's earnings miss.
March 12, 2024 | 8:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Identiv reported a significant miss in Q4 earnings with an EPS of -$0.06 against an expected -$0.03, and a slight decrease in revenue from the previous year.
Given Identiv's history of stock price declines following earnings misses, the Q4 report showing a significant miss in EPS and a decrease in revenue is likely to negatively impact the stock price in the short term. The pattern of past performance, including a 16.0% drop after the last quarter's miss, supports this analysis.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100