Identiv, Inc. (INVE) Q3 2024 Earnings Call Transcript Summary
Identiv, Inc. (INVE) Q3 2024 Earnings Call Transcript Summary
GAAP operating expenses were $9.8 million, including costs related to strategic transactions and stock-based compensation.The following is a summary of the Identiv, Inc. (INVE) Q3 2024 Earnings Call Transcript:
以下是Identiv, Inc. (INVE) Q3 2024 業績會議通話摘要:
Financial Performance:
財務表現：
Q3 revenue was reported at $6.5 million, slightly above guidance but down from last year.
Both GAAP and non-GAAP gross margins decreased compared to the previous year, with non-GAAP gross margin at 9.3%.
GAAP operating expenses were $9.8 million, including costs related to strategic transactions and stock-based compensation.
GAAP net loss from continuing operations was $9.3 million, -$0.40 per share, largely due to strategic review costs and increased stock-based compensation.
Q3 營業收入爲$650萬，略高於預期，但與去年相比有所下降。
與去年相比，GAAP和非GAAP毛利率均有所下降，其中非GAAP毛利率爲9.3%。
GAAP營業費用爲$980萬，包括與戰略交易和基於股票的報酬有關的成本。
來自持續經營的GAAP淨虧損爲$930萬，每股-0.40美元，主要是由於戰略審查成本和增加的基於股票的報酬。
Business Progress:
業務進展:
Divested the Physical Security business to focus on the IoT sector.
Transitioning RFID and BLE production from Singapore to Thailand, targeting an increase in non-GAAP gross margin to 35%.
Launched several innovative projects across healthcare, logistics, and consumer goods sectors.
New strategic partnership with InPlay to develop BLE-based solutions for temperature compliance in food and logistics.
將實體安防-半導體業務出售，專注於物聯網板塊。
從新加坡轉移RFID和BLE生產到泰國，旨在將非GAAP毛利率提高至35%。
在醫療保健、物流和消費品領域推出了幾個創新項目。
與InPlay建立新戰略合作伙伴關係，開發基於BLE的食品和物流溫度合規解決方案。
Opportunities:
機會：
Expansion into high-margin opportunities in healthcare and other industries.
Strategic partnership with InPlay to enhance BLE capabilities, targeting next-generation IoT applications.
拓展醫療保健和其他行業高毛利機會。
與InPlay達成戰略合作伙伴關係，以增強BLE功能，旨在應用於物聯網下一代應用。
Risks:
風險：
Transition challenges and potential underutilization affecting gross margins.
Dependence on successful shift of production and customer qualification in the new Thailand facility.
轉型挑戰和潛在的毛利率下降影響。
依賴於在新的泰國工廠成功轉產和客戶資格認證。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。