Identiv reports third quarter 2023 business results

Fremont, calif.--(business wire)--identiv, inc. (nasdaq: inve), a global digital security and identification leader in the internet of things (iot), today reported its financial results for the third quarter ended september 30, 2023. recent financial and operational highlights third quarter revenue was $31.8 million, up 3% year-over-year, record quarterly revenues. q3 2023 gaap gross margin grew to 37.5%, up 140bps year-over-year; non-gaap gross margin grew to 39.1%, up 178bps year-over-year. n.
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