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INVE Technologies Revises Q3 Preliminary Results, Now Sees $1.1M-$1.3M Net Loss And $0.05-$0.06 Loss Per Share

Benzinga·10/30/2026 11:07:53
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INVE Technologies, Inc. (NASDAQ:INVE) (the "Company") today announced a revision to its preliminary unaudited financial results for the third quarter ended September 30, 2026, that were previously issued on October 21, 2026.

The original press release reported preliminary net income of $0.4 million to $0.8 million, and preliminary net income per share of $0.01 to $0.02. These metrics have been revised to preliminary net loss of $1.1 million to $1.3 million and preliminary net loss per share of $0.05 to $0.06, respectively. The revisions to these preliminary financial results reflect post-closing adjustments associated with the asset sale to Trackonomy Systems, Inc., specifically working capital adjustments and post-closing acceptance of certain customer contracts. All other preliminary results, including the Company’s expected cash balance as of September 30, 2026 of $87.1 million, remain unchanged.