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Company notes 15% revenue growth, RFID sales up 11% year-over-year, and second consecutive quarter of positive GAAP net income.
November 14, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identiv, Inc. reported financial results for the third quarter ended Sept. 30, 2019. Revenue for the third quarter of 2019 was $23 million, an increase of 15% from $20 million in the third quarter of 2018 and an increase of 4% from $22.2 million in the second quarter of 2019. Revenue in the Premises segment increased 38% from the third quarter of 2018 and increased 22% from the prior quarter to $12.9 million. Revenue in the Identity segment decreased 5% from the third quarter of 2018 and decre...
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