Identiv reports Q3 EPS (15c) vs. (40c) last year

Reports Q3 revenue $5.0M, consensus $5M. “Focused execution of our Perform-Accelerate-Transform (P-A-T) strategy drove the improvement and expansion of our gross margins in the third quarter,” said CEO Kirsten Newquist. “As the value proposition of our RFID and BLE solutions resonates deeply with customers, we believe that we are strategically positioned to lead in a market driven by compelling long-term secular trends.”