Last $15.00 USD
Change Today -0.01 / -0.07%
Volume 1.4M
INVN On Other Exchanges
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As of 4:15 PM 11/24/14 All times are local (Market data is delayed by at least 15 minutes).

invensense inc (INVN) Snapshot

Open
$15.02
Previous Close
$15.01
Day High
$15.30
Day Low
$14.85
52 Week High
07/24/14 - $26.78
52 Week Low
11/14/14 - $13.50
Market Cap
1.4B
Average Volume 10 Days
2.8M
EPS TTM
$-0.20
Shares Outstanding
90.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INVENSENSE INC (INVN)

invensense inc (INVN) Related Businessweek News

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invensense inc (INVN) Details

InvenSense, Inc. designs, develops, markets, and sells micro-electro-mechanical system (MEMS) gyroscopes for motion tracking devices in consumer electronics. The company delivers motion interface solutions based on its multi-axis technology that target smartphones and tablets, console and portable video gaming devices, digital still and video cameras, smart TVs, navigation devices, toys, and health and fitness accessories. It offers MEMS motion sensors, such as gyroscopes, accelerometers, compasses, and pressure sensors, as well as microphones. Its products include 6-axis MotionTracking System-on-a-Chip (SoC) devices for handheld and wearable consumer electronics products; ICM-20728 device, a 7-axis MotionTracking SoC device that combines 3-axis gyroscope, 3-axis accelerometer, and pressure sensor in the same silicon die; and the third generation of Digital Motion Processor (DMP) to process complex 9-axis MotionFusion algorithms. The company also offers ICS-40310, ICS-40720, ICS-40160 microphone devices. InvenSense, Inc. sells its products to manufacturers of consumer electronics devices, original design manufacturers, and contract manufacturers through a direct sales organization and indirect channel of distributors internationally. The company was founded in 2003 and is headquartered in San Jose, California.

476 Employees
Last Reported Date: 05/29/14
Founded in 2003

invensense inc (INVN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $400.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $168.3K
Corporate Controller
Total Annual Compensation: $200.4K
Vice President of Engineering and New Product...
Total Annual Compensation: $250.6K
Special Advisor
Total Annual Compensation: $279.6K
Compensation as of Fiscal Year 2014.

invensense inc (INVN) Key Developments

InvenSense, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 28, 2014

InvenSense, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended September 28, 2014. For the quarter, the company reported net revenue was $90.19 million, compared to $70.94 million for the same quarter ended September 29, 2013. For the six months, the company reported net revenue was $156.88 million, compared to $126.85 million for the same period ended September 29, 2013.

InvenSense, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 28, 2014; Reports Write-Off of In-Process Research and Development; Provides Tax Rate Guidance for the Full Year of 2014

InvenSense, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended September 28, 2014. For the quarter, loss from operations was $4,844,000 against income from operations of $15,343,000 a year ago. Loss before income taxes was $6,265,000 against income before income taxes of $15,553,000 a year ago. Net loss was $6,868,000 or $0.08 per basic and diluted share against net income of $13,608,000 or $0.15 per diluted share a year ago. Non-GAAP operating income was $4,009,000 against $21,447,000 a year ago. Non-GAAP net income was $4,902,000 or $0.05 per diluted share against $18,784,000 or $0.21 per diluted share a year ago. There was a $0.13 per share after-tax difference between its GAAP loss and its non-GAAP earnings in the quarter, driven mostly by the impact of removing stock-based compensation and acquisition-related net charges from its GAAP earnings. Net cash used in operating activities was $9,435,000 against net cash provided by operating activities of $10,064,000 a year ago. For the six months, loss from operations was $6,994,000 against income from operations of $27,392,000 a year ago. Loss before income taxes was $10,818,000 against income before income taxes of $27,683,000 a year ago. Net loss was $11,700,000 or $0.13 per basic and diluted share against net income of $23,930,000 or $0.27 per diluted share a year ago. Non-GAAP operating income was $10,935,000 against $37,885,000 a year ago. Non-GAAP net income was $11,944,000 or $0.13 per diluted share against $32,908,000 or $0.37 per diluted share a year ago. Purchase of property and equipment was $9,200,000 against $5,852,000 a year ago. For the quarter the company reported write-off of in-process research and development of $770,000. The company’s non-GAAP tax rate for second quarter of 2014, which is based upon its estimated full year non-GAAP pretax earnings, was 15% and because of the way it calculate its non-GAAP rate, it is its expectation that this will be its rate for the rest of the fiscal 2014.

InvenSense, Inc. Introduces 6-Axis ICM-20645 MEMS SoC Optimized for Google's Android Lollipop 5.0

InvenSense, Inc. announced the 6-axis ICM-20645 MEMS SoC, optimized to support on-chip new functions introduced in Android Lollipop. The ICM-20645 incorporates the newest version of InvenSense's patented Digital Motion Processor(TM) (DMP) to off-load new Android 5.0 AlwaysOn features such as on-chip activity classifier, tilt sensor, device context gestures, and wake-up sensors. The integrated hardware and software solution includes a gyroscope, accelerometer and DMP, targeting next-generation smartphones, tablets, fitness devices, watches, and wearables that run Android 5.0 and Android Wear. The InvenSense ICM-20645 complete embedded motion hub solution is designed to offload the complex protocol processing and event filtering necessary for the new sensor functions in Android Lollipop, enabling: Lowest-power, highest-performance 6-axis (accelerometer + gyroscope) sensor subsystem, Background run-time calibration, AlwaysOn activity classifier (walk, run, still, vehicle, bike), Management of Wake-Up and Continuous sensors, Hardware FSYNC for accurate sensor time-stamping for imaging applications, World-class and field proven pedometer. The ICM-20645 SoC performs these functions on-chip, significantly lowering system power consumption for AlwaysOn contextual awareness, reducing system cost and complexity, and eliminating the need for additional sensor hub processing ICs. Further, the ICM-20645 SoC has been designed to meet or exceed all new Android Compatibility Test Suite (CTS) sensor requirements for power, performance, and timing accuracy in Android 5.0.

 

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