Identiv, Inc. (INVE) Reports Q3 Loss, Tops Revenue Estimates
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Identiv, Inc. (INVE) reported a Q3 loss of $0.25 per share, slightly better than the Zacks Consensus Estimate of a $0.26 loss. This is a larger loss compared to $0.01 per share a year ago. However, the company exceeded revenue expectations.
November 08, 2024 | 12:15 am
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Identiv, Inc. reported a Q3 loss of $0.25 per share, better than the expected $0.26 loss, but worse than last year's $0.01 loss. Revenue exceeded expectations.
The earnings report shows a larger loss compared to last year, which is negative, but the company beat the earnings estimate and exceeded revenue expectations, which is positive. These mixed signals suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100