Benzinga | May 6, 2021 04:53PM EDT

Identiv Q1 GAAP EPS $(0.09) Beats $(0.10) Estimate, Adj. EBITDA $400K vs Loss $300K In Same Qtr. Last Year, Sales $22.20M Beat $21.91M Estimate

Identiv (NASDAQ:INVE) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.10) by 10 percent. This is a 30.77 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $22.20 million which beat the analyst consensus estimate of $21.91 million by 1.32 percent. This is a 22.52 percent increase over sales of $18.12 million the same period last year.