Identive Reports Q4 Financial Results Below Expectations
Tuesday, 12 March 2024, 20:05
Identive Reports Q4 Financial Results
Identive, a technology company, reported its Q4 financial results that failed to meet expectations. The company recorded a GAAP EPS of -$0.08 with a revenue of $28.99M, indicating no year-over-year (YoY) growth.
Financial Performance
- The GAAP EPS missed by $0.05
- Revenue fell short by $1.01M
- YoY revenue remained stagnant at -0.0%
This presents a challenging quarter for Identive, highlighting its struggle to meet financial targets, impacting its standing in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.