Flexible Electronics News

Identive Reports 2013 Third Quarter Results

Performance highlights include 14 percent sales growth, positive adjusted EBITDA and proceeds from capital raise of $7.1 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identive reported its financial results for the third quarter ended Sept. 30, 2013. Jason Hart, the newly appointed CEO of Identive, said, “In the last two months we have been focused on simplifying Identive Group’s business at all levels. Philosophically and practically we are converting from a group of individual businesses into a single, unified company focused on our high growth product lines. These changes are not complete but are resulting in operational costs savings and lower complian...

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