Identiv Currently Expects Q3 Revenue From Continuing Operations Of $5.8M - $6.1M
Portfolio Pulse from Benzinga Newsdesk
Identiv expects Q3 revenue from continuing operations to be between $5.8M and $6.1M. If the asset sale transaction is not closed by the end of Q3 2024, total revenue from continuing and discontinued operations is expected to be between $24M and $26M.
August 08, 2024 | 10:02 pm
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Identiv expects Q3 revenue from continuing operations to be between $5.8M and $6.1M. If the asset sale transaction is not closed by the end of Q3 2024, total revenue from continuing and discontinued operations is expected to be between $24M and $26M.
The revenue projections for Q3 and the potential impact of the asset sale transaction provide important information for investors. However, the news does not indicate a significant positive or negative shift in the short term, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100