Motley Fool  Jul 18  Comment 
These two things could help InvenSense -- but investors shouldn't hold their breath.
Motley Fool  Jul 15  Comment 
InvenSense's fate is still closely tied to Apple's smartphone.
Motley Fool  Jul 14  Comment 
A look at what's going on with this beaten-down motion processor maker.
Motley Fool  Jun 10  Comment 
The provider of sensors was hit hard by declining iPhone sales.
Motley Fool  May 31  Comment 
One of these semiconductor stocks is a safe bet for the long haul. The other one is a speculative turnaround story. Invest accordingly.
Motley Fool  May 25  Comment 
If it's a component maker, and it's small, you're better off staying away. Here's why.
Benzinga  May 25  Comment 
Roth Capital’s Krishna Shankar mentioned recent industry data points suggest iPhone 7 shipments of 70–75 million in 2H16, with InvenSense Inc (NYSE: INVN) expected to continue to be a major supplier for Apple Inc. (NASDAQ: AAPL). Shankar...
Motley Fool  May 22  Comment 
Three Motley Fool writers urge caution on these three stocks if you're chasing big returns in the tech sector.
Motley Fool  May 16  Comment 
InvenSense needs to either grow revenues significantly or scale back operating expenses.
Motley Fool  May 14  Comment 
The company's management shed some light on its mobile and Internet of Things segments while pointing to some rough roads ahead.


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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki