Identiv Q2 revenue rises on increased sales of RFID transponder products
INVE•Outlook
- Identiv expects Q3 2026 net revenue between $4.1 mln and $4.8 mln
- Company says macroeconomic conditions continue to affect demand in some consumer-facing applications
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | $5.70 mln | ||
| Q2 Net Loss | $4.70 mln | ||
| Q2 Adjusted EBITDA | -$2.70 mln | ||
| Q2 Gross Margin | 16.10% | ||
| Q2 Adjusted Gross Margin | 24.50% |
Analyst coverage
- The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the it services & consulting peer group is "buy."
- Wall Street's median 12-month price target for Identiv Inc is $3.55, about 37.6% above its August 11 closing price of $2.58
Q2 results and drivers
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U.S. IoT solutions provider's Q2 revenue rose yr/yr on higher RFID transponder sales
