Flexible Electronics News

Identiv Reports 2Q 2019 Results

Company notes 10% revenue growth, 47% software and services growth, positive GAAP net income and EPS.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. reported financial results for the second quarter ended June 30, 2019.   Revenue for the second quarter of 2019 was $22.2 million, an increase of 10% from $20.3 million in the second quarter of 2018 and an increase of 14% from $19.5 million in the first quarter of 2019.   Revenue in the Premises segment increased 21% from the second quarter of 2018 and increased 14% from the prior quarter to $10.7 million. Revenue in the Identity segment increased 1% from the second quarter of 2018...

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