Identiv, Inc. (INVE) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Welcome to Addentive's presentation of its fourth quarter and fiscal year 2024 earnings call. My name is John, and I will be your operator this afternoon. Joining us for today's presentation are the company's CEO, Kirsten Newquist, and CFO, Justin Scarpulla. Following management's remarks, we will open the call for questions. Before we begin, please note that during this call, management may be making references to non-GAAP financial measures or guidance including non-GAAP adjusted EBITDA, non-GAAP gross margin, and non-GAAP operating expenses. In addition, during the call, management will be making forward-looking statements. Any statement that refers to expectations, projections, or other characteristics of future events, including future financial results, future business and market conditions and opportunities, and future plans, strategies, opportunities, and goals is a forward-looking statement. Actual results may differ materially from those expressed in these forward-looking statements. For more information, please refer to the risk factors discussed in documents filed from time to time with the SEC, including the company's latest annual report on Form 10-K and quarterly report on Form 10-Q, as well as our third quarter 10-Q once filed. IDENTIF assumes no obligation to update these forward-looking statements. I will now turn the call over to CEO Kirsten Newquist for her comments. Ms. Newquist, please proceed. Thanks, Operator, and thank you all for joining our quarter four and fiscal year 2024 earnings call. Quarter four marked our first full quarter following the sale of our physical security business, allowing us to focus on becoming a leading peer play provider of specialty RFID and and Bluetooth Low Energy, BLE, solutions. The proceeds from...