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Stock impact report

Intrusion Inc (INTZ) Q4 2024 Earnings Call Highlights: Revenue Growth and Strategic Moves Amid ... [Yahoo! Finance]

Intrusion Inc. (INTZ) 
Company Research Source: Yahoo! Finance
Positive Points Intrusion Inc ( NASDAQ:INTZ ) achieved its third consecutive quarter of revenue growth, indicating positive momentum in its business operations. The company signed 20 new Shield logos in 2024, with near-zero churn among existing Shield customers, showcasing strong customer retention. Intrusion Inc ( NASDAQ:INTZ ) is virtually debt-free and has eliminated Series A preferred stock, significantly improving its financial position. The company has enough cash to fund operations through fiscal year 2025, reducing the need for additional capital raises. Intrusion Inc ( NASDAQ:INTZ ) regained compliance with NASDAQ's $1 minimum bid price requirement, reflecting improved market confidence. Negative Points Despite revenue growth, the rate of increase is not satisfactory, prompting the company to take additional measures to accelerate growth. Shield revenue decreased by 5% year-over-year due to the loss of a large early customer with a non-standard product config Show less Read more
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