Flexible Electronics News

Identiv Reports 4Q, Fiscal Year 2022 Results

FY 2022 revenue was a record $112.9 million, as total backlog grew 16% year-over-year to $35 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. reported financial results for the fourth quarter and fiscal year ended Dec. 31, 2022, reflecting record levels of fiscal year revenue and adjusted EBITDA with year-over-year margin growth. Fiscal year 2022 revenue was a record $112.9 million, while fourth quarter revenue grew to $29 million. Fiscal year 2022 GAAP gross margin was 36.3%, while fiscal year 2022 non-GAAP gross margin improved to 37.6%. Identiv exited the fourth quarter of 2022 with total backlog for all future ...

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