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RFID revenue grew 41% year-over-year, while total revenue increased 16% year-over-year.
August 4, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identiv, Inc. reported financial results for the second quarter ended June 30, 2022, reflecting the company’s continued leadership in specialty RFID applications for the IoT sector. RFID revenues grew 41% year-over-year, consistent with long-term model growth rate. Premises revenue grew 19% year-over-year, three times the average industry growth rate. Second quarter total revenue grew 16% year-over-year to $27.9 million. Identiv reported sequential improvement in GAAP and non-GAAP gross pr...
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