Mergers & Acquisitions ·
Identiv reported Q2 2026 revenue of $5.7 million and a GAAP net loss of ($4.7) million, or ($0.20) per share, compared…
INVEINVE Technologies, Inc.
Identiv reported Q2 2026 revenue of $5.7 million and a GAAP net loss of ($4.7) million, or ($0.20) per share, compared to a ($6.0) million loss in the prior year period. The company signed an agreement to sell its IoT operating assets to Trackonomy Systems for closing in Q3 FY 2026 and intends to resume stock repurchases under a $40 million authorization before the transaction closes. Management provided Q3 revenue guidance of $4.1–$4.8 million, citing inventory pauses by a major consumer customer and chip allocation delays. Identiv operates in the Internet of Things (IoT) sector, providing RFID- and Bluetooth Low Energy-enabled solutions for physical asset tracking.