Flexible Electronics News

Identiv Reports Preliminary Performance for Q3 2014

Affirms annual guidance, introduces stock repurchase program

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. expects revenue for the third quarter (Q3) of 2014 to be in the range of $21 to $23 million and expects adjusted EBITDA (non-GAAP) for the quarter to be positive. The company reaffirms revenue guidance for fiscal year 2014 to be between $80 and $90 million. “We have seen a solid improvement in the identity market and our business. Therefore, we remain confident in our annual revenue guidance. With the recent strengthening of our balance sheet, our customers have the confidence i...

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