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Performance improvements include sequential sales growth of 12 percent and decline in base operating costs
August 9, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identive Group, Inc. announced results for the fiscal second quarter (Q2), ended June 30, 2012. Q2 2012 highlights included: • Revenues of $23.9 million, up 12% from the first quarter (Q1) of 2012. • Continued improvement in U.S. government business. • Launched innovative product and service offerings for emerging NFC and payment markets. • Impairment of goodwill and intangibles; reduced impact of depreciation and amortization charges on earnings in future periods. “Our Q2 results were...
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