Overview
Identiv fiscal Q2 revenue falls to $5.0 mln, down from $6.7 mln yr/yr
Adjusted EBITDA loss widens to $4.6 mln due to Thailand transition costs
Outlook
Identiv expects Q3 2025 revenue between $4.8 mln and $5.2 mln
Result Drivers
REVENUE DECLINE - Co attributes revenue drop to exiting lower-margin business and reduced sales to largest customer
GROSS MARGIN PRESSURE - Transition to Thailand facility and dual manufacturing sites increased costs, impacting gross margins
OPERATING EXPENSES REDUCTION - Decrease in GAAP operating expenses due to reduced strategic review-related costs
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $5 mln |
|
Q2 Adjusted EBITDA |
| -$4.60 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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 $6.00, about 41.7% above its August 6 closing price of $3.50
Press Release: ID:nPn2xjw3Ma