Published on 7 Nov 2023 on Zacks via Yahoo Finance
Identiv, Inc. (INVE) Reports Q3 Loss, Lags Revenue Estimates
Identiv, Inc. (INVE) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.06, delivering a surprise of 25%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.