Flexible Electronics News

Identiv Reports 2Q 2020 Results

Backlog for orders requested to ship in the third quarter totaled $13 million, up 140% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. reported financial results for the second quarter ended June 30, 2020. Revenue in Identity increased 18% sequentially to $11.6 million. RFID grew 36% year-over-year. Federal access control increased 28% first half 2020 over first half 2019. Backlog for orders requested to ship in the third quarter totaled $13 million, up 140% year-over-year. Identiv developed an NFC-enabled, wearable body temperature measurement patch, which supports the reopening of public venues and facilitate...

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