INVE Technologies Announces Revised Preliminary Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 preliminary net loss revised to $1.1 million-$1.3 million
- ➤Preliminary loss per share revised to $0.05-$0.06
- ➤Expected September 30 cash balance remains $87.1 million
- ➤Revisions reflect working capital and customer-contract adjustments tied to Trackonomy asset sale
SANTA ANA, Calif., Oct. 30, 2026 (GLOBE NEWSWIRE) -- 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.
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