Identiv, inc. provides earnings guidance for the fiscal year ending december 31, 2019 and fiscal year ending december 31, 2020

Identiv, inc. provided earnings guidance for the fiscal year ending december 31, 2019 and fiscal year ending december 31, 2020. for the fiscal year ending december 31, 2019, the company now expects revenue of $88 million to $90 million (previously $92 million to $95 million), representing an increase of 14% at the midpoint compared to fiscal 2018. the company increased its net income attributable to identiv, inc. guidance to $1.0 million to $1.2 million (previously a loss of $0.5 million to a gain of $1.0 million) and earnings per basic share of $0.00 to $0.01.the company also introduced guidance for fiscal 2020, ending december 31, 2020. the company expects growth in the mid-teens (14-16%), resulting in expected revenue of $100 million to $104 million, and net income attributable to identiv, inc. of $4.5 million to $6.5 million and earnings per basic share of $0.20 to $0.31.
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