Identiv, Inc. Provides Earnings Guidance for the Fiscal Year 2021 and Fiscal Year 2022
November 02, 2021 at 04:20 pm EDT
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Identiv, Inc. provided earnings guidance for the fiscal year 2021 and fiscal year 2022. For the 2021, the company expected revenues of $103 million to $105 million.
For the 2022, the company expected revenues of $130 million to $135 million, reflecting year-over-year growth of 25% to 30%.
Identiv, Inc. is a global provider of secure identification and physical security. The Company operates through two segments: Identity segment and Premises segment. Identity segment designs, technologies, and intellectual property (IP) that enable the secure digital capabilities of radio-frequency identification (RFID) chips to work within the analog world of antennas, power harvesting, data conversion and security. Premises segment offers a comprehensive, end-to-end product line with customization that meets the varying needs of the customers. Premises business product portfolio includes identity credentials, access readers, access control systems, video management systems, and video analytics, deployed in a hyper-converged platform or a cloud-based architecture. The Companyâs software platform for premises digitization enables centralized management of a physical place, including control of doors, cameras, gates, elevators and other building equipment.
IDENTIV, INC. 
