SeekingAlpha  3 hrs ago  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 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...
SeekingAlpha  Jul 28  Comment 
ByEsekla: InvenSense (NYSE:INVN) will report its 1Q15 earnings after the closing bell, at approximately 4:05pm on Tuesday, July 29th. The conference call is scheduled for 4:30pm that day, and will be webcast via the company's investor relations...
TheStreet.com  Jul 25  Comment 
NEW YORK (TheStreet) -- TheStreet Ratings team reiterated its "hold" rating for InvenSense Friday with a rating score of C-. Shares of InvenSense fell -5.7% to close at $24.05. About 6.4 million shares of the company were traded by 4:20 p.m.,...
SeekingAlpha  Jul 24  Comment 
By Renu Singh: Chip maker InvenSense (NYSE:INVN) is on a roll in 2014, gaining around 28% as the possibility of landing a spot in the upcoming Apple (NASDAQ:AAPL) iPhone is gaining more ground by the day. However, InvenSense had faltered when it...
SeekingAlpha  Jul 21  Comment 
By The Thorough Investor: We are initiating coverage on a company that not only is a solidly performing example of what a small business is, but a company that could perform exceptionally well over the short and long term. Technology has always...
Motley Fool  Jul 20  Comment 
The motion-tracking industry has many diverse and swiftly growing end markets. These will provide the micro-electronic device suppliers many opportunities for significant surprises in sales growth over the next few years.
Benzinga  Jul 10  Comment 
In a note released Thursday morning, Rosenblatt analyst Brian Blair said it's likely InvenSense (NYSE: INVN) has won designs for Apple's (NASDAQ: AAPL) iPhone 6, iWatch and refreshes of the iPad and iPad mini. Blair said the addition of Apple...
Motley Fool  Jul 9  Comment 
The chip company just spent nearly two-thirds of its cash on two firmware makers
SeekingAlpha  Jul 9  Comment 
ByEsekla: Back in October, I correctly predicted that InvenSense (INVN) would transition itself into an SoC designer. The company's recent $81M purchase of Movea and TPI, two motion processing tech firms, shows just how long a road that will be....


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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