Identiv (INVE) Misses Q1 EPS by 5c, Beats on Revenues
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Identiv Reports First Quarter 2018 Results
May 10, 2018 4:05 PM EDTFREMONT, Calif., May 10, 2018 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE), a global provider of physical security and secure identification, reported financial results for the first quarter ended March 31, 2018.
Recent Business Highlights
23% year-over-year revenue growth in Q1 2018Strengthened balance sheet and expanded and improved line-of-credit termsAcquired and integrated 3VR; product integrations already demonstrated and sellingCross-selling accounts and channels already underway in major verticals: Government, Retail, Banking, InternationalCredentials segment revenue up 26%, Premises up 40% year-over-yearProduct throughput accelerating: Product launches... More