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Strengthening revenue trend and continued expense reductions drive return to positive adjusted EBITDA
March 7, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identive Group, Inc., a provider of products, services and solutions for the identification, security and RFID industries, announced results for the fourth quarter (Q4) and year ended December 31, 2012. Q4 2012 highlights included a record quarter for NFC and RFID transponder sales; improved smart card reader market in Europe and strong demand in Asia; 22% reduction in base operating expenses compared to fourth quarter 2011, further lowering the break-even point; return to profitability on ad...
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