Flexible Electronics News

Identiv Reports 4Q, Fiscal Year 2021 Results

Total fiscal year revenue increases 19% year-over-year; RFID unit shipments up 36% year-over-year to record 185 million units.

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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, 2021, achieving several operational and financial milestones in 2021 that strengthen the company’s foundation for future growth. Total full year 2021 revenue grew 19% year-over-year to a record $103.8 million.  Fourth quarter revenue grew 15% year-over-year to $28.5 million. Revenues in the Identity segment increased 23% to $64.7 million from $52.7 million in fiscal year 2020 primarily due to hig...

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