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Company expects to report second quarter revenue of approximately $15.6 million, up from $14.9 million in the first quarter.
August 6, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identiv, Inc. announced preliminary results for the quarter ended June 30, 2015 and updated its 2015 annual revenue guidance. The company expects to report second quarter revenue of approximately $15.6 million, an increase from $14.9 million in the first quarter and a decrease from $22.3 million in the comparable quarter of 2014. The company expects an adjusted EBITDA loss of approximately $4.2 million in the second quarter primarily due to a significant increase in legal and accounting prof...
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