Identiv reports Q1 EPS (15c) vs. (21c) last year

Reports Q1 revenue $7.4M, consensus $6.92M. “During the recent quarter, I am pleased to share that we delivered results that exceeded our guidance and expectations. Our financial performance reflects strong demand from our customers at the start of the year and our ability to convert our opportunity pipeline into sales,” said CEO Kirsten Newquist. “Our Perform-Accelerate-Transform (P-A-T) strategy continued to drive our momentum in the first quarter and positions us well as we focus on the execution of our most important development programs.”