Premises

Identiv Reports Third Quarter 2023 Business Results

Retrieved on: 
Tuesday, November 7, 2023

Revenue for the third quarter 2023 was $31.8 million, compared to $29.6 million in the prior quarter and $31.0 million in the third quarter of 2022.

Key Points: 
  • Revenue for the third quarter 2023 was $31.8 million, compared to $29.6 million in the prior quarter and $31.0 million in the third quarter of 2022.
  • Non-GAAP operating expenses were $10.3 million in the third quarter of 2023, compared to $10.6 million in the prior quarter and $9.5 million in the third quarter of 2022.
  • Non-GAAP adjusted EBITDA in the third quarter of 2023 was $2.2 million, compared to $0.7 million in the prior quarter and $2.0 million in the third quarter of 2022.
  • Identiv management will hold a conference call today, November 7, 2023, at 5:00 p.m. EST (2:00 p.m. PST) to discuss the company’s third quarter 2023 financial results.

Inc. 5000 Recognizes Declaration Networks Group for 4th Consecutive Year

Retrieved on: 
Wednesday, August 16, 2023

VIENNA, Va., Aug. 16, 2023 /PRNewswire-PRWeb/ -- Declaration Networks Group, Inc. (DNG), a leading provider of diversified internet solutions, announced today that it has made the Inc. 5000 fastest growing private company list for the fourth consecutive year. The company continues to successfully execute a multi-state market expansion delivering an impressive three-year growth rate of 428% from 2019 to 2022, moving DNG up over 800 places from last year's ranking.

Key Points: 
  • VIENNA, Va., Aug. 16, 2023 /PRNewswire-PRWeb/ -- Declaration Networks Group, Inc. (DNG), a leading provider of diversified internet solutions, announced today that it has made the Inc. 5000 fastest growing private company list for the fourth consecutive year.
  • "Our amazing team is again honored by the Inc. 5000 recognition of our sustained commitment to delivering essential internet services to our customers," said Bob Nichols, DNG's CEO.
  • DNG's multi-state fiber and wireless network supports the nation's increasing demand for essential internet services to enable residential, carrier, large enterprise, and government applications.
  • "Our amazing team is again honored by the Inc. 5000 recognition of our sustained commitment to delivering essential internet services to our customers."

Identiv Reports Second Quarter 2023 Business Results

Retrieved on: 
Thursday, August 3, 2023

Revenue for the second quarter 2023 was $29.6 million, compared to $26.0 million in the prior quarter and $27.9 million in the second quarter of 2022.

Key Points: 
  • Revenue for the second quarter 2023 was $29.6 million, compared to $26.0 million in the prior quarter and $27.9 million in the second quarter of 2022.
  • Non-GAAP operating expenses were $10.6 million in the second quarter of 2023, compared to $10.6 million in the prior quarter and $9.2 million in the second quarter of 2022.
  • Non-GAAP adjusted EBITDA in the second quarter of 2023 was $0.7 million, compared to ($0.9) million in the prior quarter and $1.4 million in the second quarter of 2022.
  • Identiv management will hold a conference call today, August 3, 2023, at 5:00 p.m. EDT (2:00 p.m. PDT) to discuss the company’s second quarter 2023 financial results.

$2.7 B of WLAN Revenues Marks Eleven Quarters of Y/Y Growth, According to Dell'Oro Group

Retrieved on: 
Tuesday, June 6, 2023

REDWOOD CITY, Calif., June 6, 2023 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, enterprise-class Wireless LAN (WLAN) revenues grew 48 percent year-over-year (Y/Y) in the first quarter of 2023, fueled by high shipment volumes and increasing prices. Meanwhile, some vendors reported that backlogs came down faster than they had anticipated.

Key Points: 
  • "The enterprise-class WLAN industry has not seen such a long stretch of Y/Y revenue growth in ten years," said Siân Morgan, Wireless LAN Research Director at Dell'Oro Group.
  • "North America has added nearly half a billion dollars to the WLAN market, while the slowest growth has been in China.
  • Huawei has seen a considerable shift in the geographic distribution of its WLAN revenues," continued Morgan.
  • Meanwhile, Wi-Fi 7 APs have been announced by vendors in China and discussed in one North American vendors' earnings call.

Identiv Reports First Quarter 2023 Business Results

Retrieved on: 
Thursday, May 4, 2023

Revenue for the first quarter 2023 was $26.0 million, an increase of 4% from $25.1 million in the first quarter of 2022.

Key Points: 
  • Revenue for the first quarter 2023 was $26.0 million, an increase of 4% from $25.1 million in the first quarter of 2022.
  • Non-GAAP operating expenses were $10.6 million in the first quarter of 2023, compared to $9.3 million in the prior quarter and $9.0 million in the first quarter of 2022.
  • Non-GAAP adjusted EBITDA in the first quarter of 2023 was ($0.9) million, compared to $1.7 million in the prior quarter and $0.2 million in the first quarter of 2022.
  • Identiv management will hold a conference call today, May 4, 2023, at 5:00 p.m. EDT (2:00 p.m. PDT) to discuss the company’s first quarter 2023 financial results.

Identiv Makes Intelligent, Integrated Video Surveillance and Access Control Easy to Adopt and Manage with the Velocity Vision Ecosystem

Retrieved on: 
Wednesday, May 3, 2023

The all-in-one Velocity Vision Ecosystem integrates the most cutting-edge digital technology into any physical security operation.

Key Points: 
  • The all-in-one Velocity Vision Ecosystem integrates the most cutting-edge digital technology into any physical security operation.
  • It combines into a single solution the power of Hirsch Velocity and Velocity Vision VMS with new partnership technologies: Vision AI video analytics, Vision Cloud, and Identiv Hyperconverged Infrastructure (HCI).
  • “With our expanded Velocity Vision Ecosystem, you can see it, secure it, and prevent it.
  • The Velocity Vision Ecosystem includes:
    Velocity Vision : The unified, open-platform VMS was built to provide a real-time intelligent security solution in a single-pane-of-glass view.

New Proprietary Firm Funding Pips Launches with Unmatched Service

Retrieved on: 
Thursday, February 9, 2023

Funding Pips, a proprietary firm specializing in fund management, has officially launched its operations and is now open for business.

Key Points: 
  • Funding Pips, a proprietary firm specializing in fund management, has officially launched its operations and is now open for business.
  • With a focus on innovation and a commitment to excellence, Funding Pips is poised to become the leading provider of funding services for traders around the globe.
  • "We are thrilled to launch Funding Pips and introduce our unique approach to service," said Khaled Ayesh, CEO of Funding Pips and a well-known professional gold trader in the industry.
  • Funding Pips offers a comprehensive range of accounts with competitive prices, excellent customer service, and accounts merged of up to $0.5 million.

Global Defense Cyber Security Market Report 2022: Increasing Adoption of Machine-to-Machine Technologies in the Aerospace Sector Drives Demand - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 16, 2022

Global Defense Cyber Security Market was valued at USD 14.3 billion in 2021 which expected to reach at USD 31.4 billion by 2027 at a CAGR 10.99% from 2022-2027.

Key Points: 
  • Global Defense Cyber Security Market was valued at USD 14.3 billion in 2021 which expected to reach at USD 31.4 billion by 2027 at a CAGR 10.99% from 2022-2027.
  • The increase in adoption in the machine-to-machine technologies in the aerospace sector is expected to boost the growth of global defense cyber security market over the forecast period.
  • Also, growing focus of the official on improving the cyber security to counter the cyber terrorism that have led to the rise of the cyber security market which is expected to drive the growth of the global Defense cyber security market.
  • The Global Defense Cyber Security Market is segmented into solution such as Defense Solutions, Threat Assessment, Network Fortification, Training Services.

Medical Transcription Software Market to Reach USD 7.0 Billion, Globally, by 2031 at 15.5% CAGR: Allied Market Research

Retrieved on: 
Friday, October 28, 2022

PORTLAND, Ore., Oct. 28, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Medical Transcription Software Market by Deployment (Cloud Based, On Premises), by Type (Voice Capture, Voice Recognition), by End User Facilities (Hospitals and Clinics, Diagnostic Centers, Others): Global Opportunity Analysis and Industry Forecast, 2021- 2031". According to the report, the global medical transcription software industry generated $1.6 billion in 2021, and is anticipated to generate $7.0 billion by 2031, witnessing a CAGR of 15.5% from 2022 to 2031.

Key Points: 
  • According to the report, the global medical transcription software industry generated $1.6 billion in 2021, and is anticipated to generate $7.0 billion by 2031, witnessing a CAGR of 15.5% from 2022 to 2031.
  • However,low adoption of medical transcription software in underdeveloped countriesrestricts the market growth.
  • The launches of new products and services by key players during the COVID-19 period positively impacted the growth of the medical transcription software industry.
  • Thus, an increase in the adoption of medical transcription software for medical documentation of COVID-19 patients boosted the growth of the medical transcription software market.

Medical Transcription Software Market to Reach USD 7.0 Billion, Globally, by 2031 at 15.5% CAGR: Allied Market Research

Retrieved on: 
Friday, October 28, 2022

PORTLAND, Ore., Oct. 28, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Medical Transcription Software Market by Deployment (Cloud Based, On Premises), by Type (Voice Capture, Voice Recognition), by End User Facilities (Hospitals and Clinics, Diagnostic Centers, Others): Global Opportunity Analysis and Industry Forecast, 2021- 2031". According to the report, the global medical transcription software industry generated $1.6 billion in 2021, and is anticipated to generate $7.0 billion by 2031, witnessing a CAGR of 15.5% from 2022 to 2031.

Key Points: 
  • According to the report, the global medical transcription software industry generated $1.6 billion in 2021, and is anticipated to generate $7.0 billion by 2031, witnessing a CAGR of 15.5% from 2022 to 2031.
  • However,low adoption of medical transcription software in underdeveloped countriesrestricts the market growth.
  • The launches of new products and services by key players during the COVID-19 period positively impacted the growth of the medical transcription software industry.
  • Thus, an increase in the adoption of medical transcription software for medical documentation of COVID-19 patients boosted the growth of the medical transcription software market.