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Stock impact report

INTZ Q4 Loss Wider Than Expected, Sales Up Y/Y on Cybersecurity Demand [Yahoo! Finance]

Intrusion Inc. (INTZ) 
Company Research Source: Yahoo! Finance
The narrower net loss was attributable to lower operating and interest expenses. However, the bottom line was wider than the Zacks Consensus Estimate of a loss of 23 cents. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Quarterly revenues totaled $1.7 million, up 22.7% year over year and 11% on a sequential basis. The Zacks Consensus Estimate for revenues was pegged at $2 million. The sequential upside was fueled by recent customer acquisitions, including a U.S. Department of Defense contract for Intrusion Shield technology and consulting services. Further, it augmented its product line with Intrusion Shield Sentinel, a next-generation cybersecurity solution designed for large-scale network environments and Intrusion Shield Command Hub, a cutting-edge AI-powered cybersecurity solution aimed at improving threat detection and response, during the quarter. In addition, the company signed a total of 20 new logos in 2024, highlighting the growing demand for Show less Read more
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