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Quarterly revenue of $17.2 million up 8 percent year over year
May 15, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identiv reported its financial results for the first quarter (Q1) of 2014. Total revenues for continuing operations were $17.2 million, compared to $16.0 million in first quarter 2013, reflecting growth of 8% with significant contribution from sales of credentials products increasing 36% to meet demand for electronic game toys and other Internet of Things applications. “In Q1 2014, we continued cost reductions and focused on growth, seeing early success with increased revenue of 8%, compa...
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