Overview

* Identiv Q3 2025 revenue falls to $5 mln, down from $6.5 mln in Q3 2024

* Company's Q3 2025 gross margin improves due to Thailand production shift

* Net loss from continuing operations narrows significantly from Q3 2024

Outlook

* Identiv expects Q4 2025 revenue between $5.4 mln and $5.9 mln

Result Drivers

* THAILAND PRODUCTION - Shift to Thailand-based production reduced manufacturing overhead and direct labor costs, improving gross margins

* EXITED LOWER-MARGIN BUSINESS - Revenue decline attributed to exiting lower-margin business earlier in the year

* REDUCED OPERATING EXPENSES - Decrease in operating expenses driven by lower strategic review-related costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $5 mln

Revenue

Q3 -$3.60

Adjusted mln

EBITDA

Q3 Gross 10.70%

Margin

Q3 19.10%

Adjusted

Gross

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for Identiv Inc ( INVE ) is $5.00, about 24.4% above its November 7 closing price of $3.78

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)