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Highlights include continued operating expense reduction and further lowering of break-even point
November 1, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identive Group, Inc. announced results for the fiscal third quarter (Q3), ended Sept. 30, 2012. Q3 2012 highlights include: • Continued operating expense reduction and further lowering of break-even point. • Record smart card reader sales for U.S. government programs. • Recovery in demand for transponder products, creating a stronger Q4 forecast. • Continued progress in emerging growth opportunities for near field communication (NFC), payment and cloud-based solutions. • Strong cash perform...
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