SeekingAlpha  Aug 7  Comment 
By Renu Singh: Chipmaker InvenSense (NYSE:INVN) came out with solid first-quarter results, satisfying analysts' estimates on the bottom line and exceeding revenue estimates. However, it failed to top off its first-quarter performance with a solid...
SeekingAlpha  Aug 1  Comment 
By Shareholders Unite: We used to be InvenSense (NYSE:INVN) bulls for quite some time because InvenSense was (and still is) a very well run company, it operates in growth markets and it is slowly winning market share because they are pushing the...
SeekingAlpha  Jul 30  Comment 
By Stone Fox Capital: Despite a mixed quarterly report, InvenSense (NYSE:INVN) continues to trade near all-time highs. The provider of intelligent sensor solutions announced that revenues grew 19% to reach $66.7 million, while earnings declined to...
StreetInsider.com  Jul 30  Comment 
The following is a list of notable articles to help get you through the lunch hour: Incoming BlackBerry (BBRY) COO Sees Company Proving 'A Lot of People Wrong' -> Read this! Glu Mobile (GLUU) Slumps into Q2 Results; Kardashian Game Remains in...
Benzinga  Jul 30  Comment 
In a report released Wednesday, Ascendiant analyst Cody Acree upgraded InvenSense (NYSE: INVN) to Buy. Ascendiant has a $29.00 price target on the company. Analysts at Ascendiant have high anticipations for InvenSense with its conducted...
Benzinga  Jul 30  Comment 
In a note released Wednesday morning, Morgan Stanley analyst Joseph Moore acknowledged that InvenSense (NYSE: INVN) experienced a larger than expected bump from its newly-won Apple exposure. However, he said the stock "seems fully valued" and...
SeekingAlpha  Jul 30  Comment 
InvenSense Inc. (NYSE:INVN) Q1 2015 Earnings Conference Call July 29, 2014 4:30 PM ET Executives Leslie Green – IR Behrooz Abdi – President and CEO Alan Krock – CFO Analysts Mark McKechnie – Evercore Partners ...
SeekingAlpha  Jul 29  Comment 
ByIAEResearch: InvenSense (NYSE:INVN) is the global market leader in devices and software for the motion interface market that detects and tracks motion in three-dimensional space. The company's MotionTracking devices combine...
SeekingAlpha  Jul 29  Comment 
InvenSense (NYSE:INVN) is set to report FQ1 2015 earnings after the market closes on Tuesday, July 29th. InvenSense is a chip producer that is known for making products with motion detecting technologies. InvenSense products can be found in in...
SeekingAlpha  Jul 29  Comment 
SeekingAlpha  Jul 28  Comment 
By Akshansh Gandhi: Sensor making company InvenSense (NYSE:INVN) had disappointed investors when it released its quarterly report for the first quarter. InvenSense missed the analysts estimates on earnings by a big margin and revised its guidance...


InvenSense (NYSE:INVN) is a technology company which specializes in motion processing devices. They build the chips which are used in gaming devices, smartphones, tablets, video cameras, navigation devices, and other electronic equipment which detect, measure and analyze motion. InvenSense sells a range of processor which vary in degrees of motion it can detect. The company believes that motion detection will continue to expand into mobile devices, toys and game controllers.[1]

Business Overview

For the full year 2011, InvenSense's total revenue was $96.5M. This was an increase over the $79.6M announced in 2010. Net income for 2011 was $9.3M, a decrease from the $15.5M in 2010. The drop was caused largely by a rise in Selling, General & Administrative Expenses (SG&A).[2]

New Updates

The company's initial public offering of stock on the NYSE occurred on November 15, 2011. The company offered 10M shares each for $7.50. This was within the revised $7-$8.50 price range. The company had originally announced that it would sell 10.5M shares within a $8.50-$10.50 range. The deal raised a total of $75M. The lead mangers of the deal were Goldman and Morgan Stanley.[3]

Trends & Forces

Dependence on certain customers

InvenSense has historically received the majority of its revenue from Nintendo (NTDOY) through the sale of chips used in the Wii. A disruption to the Wii's strong sales would have a substantial impact on InvenSense. As a result, the company's performance will be dependent on its ability to transition to other industries or companies. This depends both on the growth of the market for motion sensing devices as well as the ability to develop relations with new companies.[4][5]

  1. INVN S-1?A 2011 PROSPECTUS SUMMARY "Overview" pp.1-2
  2. INVN S-1?A 2011 PROSPECTUS SUMMARY "Consolidated Statement of Operations Data" pp.8
  3. Renaissance Capital - IPO Home "Fabless chip supplier InvenSense prices IPO at $7.50, within the $7-$8.50 range" 15 Nov 2011
  4. Seeking Alpha - "IPO Preview: InvenSense Looks Like A Bargain" 17 Nov 2011
  5. INVN S-1?A 2011 PROSPECTUS SUMMARY "Risk Factors" p. 4
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