NASDAQ$INVE
Identiv Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Total revenue increased by 22% year-over-year, driven by 59% growth in RFID.
Identiv reported a 22% increase in total revenue year-over-year, reaching $22.2 million, driven by a 59% increase in RFID revenue. The company also decreased GAAP operating expenses by 5% and improved profitability with a GAAP net loss of $1.5 million and non-GAAP adjusted EBITDA of $0.4 million.
- Total revenue grew 22% year-over-year to $22.2 million, with RFID revenue up 59% year-over-year.
- Shipped over 40 million RFID units, a 53% increase year-over-year.
- GAAP operating expenses decreased by 5% while revenues increased by 22%.
- GAAP net loss was $1.5 million, and non-GAAP adjusted EBITDA was $0.4 million.
Headline financials
Revenue & EPS history
Identiv · Revenue · Quarterly
$22.2M
Forward guidance
Identiv anticipates growth of 20-25% in the first half of 2021 and reiterates the low end of expected revenues of $100 million for the year. Management believes full-year guidance ranges may still be somewhat conservative given the current business momentum.
Tailwinds
- Momentum building in the federal government.
- Commercial businesses starting to make up for deployments that were delayed last year.
- New product launches.
- Total orders booked for Q2 2021 were $9.8 million, a 45% increase over the same period in 2020.
- Strong backlog growth.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
+0.5%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+3.3%
Avg return
30 days after
55%
26 / 47 earnings
Positive
+36.0%
Q1 2020
Best reaction
-28.3%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -18.2% | -18.6% | — | |
| Q4 2025 | +6.4% | +1.5% | +11.5% | |
| Q3 2025 | -1.1% | -2.1% | -8.9% | |
| Q2 2025 | -0.6% | +2.8% | +6.1% | |
| Q1 2025 | +0.0% | -0.6% | +2.2% | |
| Q4 2024 | -6.6% | -0.6% | -13.8% | |
| Q3 2024 | +7.6% | +2.7% | +6.8% | |
| Q2 2024 | -14.7% | -10.8% | -10.8% | |
| Q1 2024 | -11.2% | -14.7% | -18.1% | |
| Q4 2023 | -12.5% | -13.6% | -40.1% | |
| Q3 2023 | -17.2% | -12.6% | +16.4% | |
| Q2 2023 | +13.8% | +18.4% | +10.8% | |
| Q1 2023 | +20.6% | +26.4% | +33.6% | |
| Q4 2022 | +1.0% | +2.0% | -12.4% | |
| Q3 2022 | -28.3% | -26.9% | -32.4% | |
| Q2 2022 | +12.6% | +14.7% | +4.4% | |
| Q1 2022 | -0.1% | -4.8% | +6.5% | |
| Q4 2021 | -25.8% | -26.3% | -23.8% | |
| Q3 2021 | +14.4% | +26.4% | +15.8% | |
| Q2 2021 | +3.1% | +13.9% | +14.1% | |
| Q1 2021 | +2.5% | -2.4% | +2.4% | |
| Q4 2020 | -2.5% | +1.4% | +2.9% | |
| Q3 2020 | +9.3% | +0.3% | +16.7% | |
| Q2 2020 | -4.2% | -2.9% | +2.3% | |
| Q1 2020 | +36.0% | +25.5% | +75.2% | |
| Q4 2019 | -16.8% | -32.3% | -21.9% | |
| Q3 2019 | +0.4% | +0.2% | +0.6% | |
| Q2 2019 | +14.1% | +7.9% | +3.3% | |
| Q1 2019 | +1.3% | -6.4% | -9.3% | |
| Q4 2018 | -6.6% | -12.5% | -14.2% | |
| Q3 2018 | +7.0% | +1.7% | -18.7% | |
| Q2 2018 | +17.5% | +16.2% | +24.2% | |
| Q1 2018 | +12.6% | +8.8% | +26.0% | |
| Q4 2017 | +2.1% | -1.9% | -10.6% | |
| Q3 2017 | +0.7% | +3.0% | +0.0% | |
| Q2 2017 | -1.6% | +0.0% | -3.8% | |
| Q1 2017 | +4.7% | -8.8% | -5.9% | |
| Q4 2016 | +3.0% | +9.3% | +35.5% | |
| Q3 2016 | +16.3% | +32.7% | +49.5% | |
| Q2 2016 | +9.6% | +16.5% | +5.3% | |
| Q1 2016 | -17.4% | — | — | |
| Q4 2015 | -3.2% | — | — | |
| Q2 2015 | +15.4% | — | — | |
| Q1 2015 | -18.8% | — | — | |
| Q4 2014 | -6.5% | — | — | |
| Q1 2014 | +3.7% | — | — | |
| Q2 2010 | +3.6% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro