Identiv Reports Fourth Quarter and Fiscal Year 2020 Results
Fourth Quarter Revenue Increases 31% and RFID Revenue Increases over 100% Year-over-Year, Positioning the Company for a Strong 2021 FREMONT, Calif., March 04, 2021 (GLOBE NEWSWIRE) -- Identiv, Inc. (NASDAQ: INVE), a global leader in digital security and identification, reported financial results for the fourth quarter and fiscal year ended December 31, 2020, demonstrating the increasingly broad adoption of RFID and expansion within the federal government. Fourth Quarter and Subsequent Financial and Operational Highlights Total revenue grew 31% year-over-year to $24.8 millionRFID grew over 100% year-over-year for the second consecutive quarterRevenue in Identity grew 53% year-over
