Welcome to our dedicated page for Intrusion news (Ticker: INTZ), a resource for investors and traders seeking the latest updates and insights on Intrusion stock.
Intrusion Inc. (NASDAQ: INTZ) is a leading cybersecurity firm specializing in advanced threat intelligence and Zero Trust network protection solutions. This news hub provides investors and security professionals with timely updates on product innovations, strategic partnerships, and regulatory milestones in the cybersecurity sector.
Access authoritative coverage of Intrusion's press releases, financial announcements, and industry analyses all in one location. Stay informed about updates affecting Intrusion Shield, TraceCop, and other platforms while monitoring the company's position in the evolving cybersecurity landscape.
Key content areas include earnings reports, product launches, government contract updates, and cyber threat intelligence research. The curated news helps track trends in network security, AI-driven defense systems, and enterprise risk management solutions.
Bookmark this page for convenient access to verified Intrusion Inc. updates. Combine real-time alerts with historical context for informed decisions about the company's market performance and technological advancements.
Intrusion Inc. (NASDAQ:INTZ) announced that James F. Gero will retire from its Board of Directors effective November 20, 2024. Gero, who served on the board since October 2003, was Chairman of the Compensation Committee and a member of the Audit Committee. As the company's longest-serving Director over a 21-year tenure, he played a important role in navigating complex challenges. Following his retirement, the board size will reduce from six to five members until a replacement is identified. The company has initiated a search for qualified candidates to fill the position.
Intrusion Inc. (NASDAQ:INTZ), a cyberattack prevention solutions provider, will release its third quarter 2024 financial results on Tuesday, November 12, 2024, after market close. CEO Tony Scott and CFO Kimberly Pinson will host a conference call at 5:00 p.m. Eastern Time to discuss the results. A telephone replay will be available through November 26, 2024.
Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, has announced a business update call scheduled for October 9, 2024, at 4:15 p.m. Eastern Daylight Time. The call will provide a corporate update on Intrusion's continued customer traction, recent business activities, and review the Company's preliminary revenue results for the third quarter ended September 30, 2024.
CEO Tony Scott and CFO Kimberly Pinson will be participating in the call. Analysts and investors can join via teleconference using the following details:
- United States (Toll-Free): +1-888-506-0062
- International: +1-973-528-0011
- Access Code: 147785
A webcast registration link is also provided. A telephone replay will be available until October 23, 2024, accessible by dialing +1-877-481-4010 (US) or +1-919-882-2331 (International) with passcode 51394.
Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, has secured a $2.0 million contract with the U.S. Department of Defense (DoD) for cybersecurity services. The contract, facilitated through a prime contractor, will involve delivering a tailored solution based on Intrusion's products and intellectual property, including Intrusion Shield and TraceCop, along with consulting services.
The scope of work includes high-speed metadata extraction, contextual flow enrichment, advanced threat analytics, and continuous network monitoring. The contract has a 12-month performance period and will begin contributing to earnings results in the third quarter of 2024. This agreement reinforces Intrusion's position in the defense sector's cybersecurity space and demonstrates the increasing acceptance of Intrusion Shield by the government sector.
Intrusion Inc. (NASDAQ:INTZ) reported its Q2 2024 financial results, highlighting a 29% sequential revenue increase to $1.5 million and an 18% improvement in operating loss. The company secured a new government contract for Intrusion Shield technology and consulting services, contributing to revenue growth. Gross profit margin stood at 76%, while operating expenses decreased by $0.2 million sequentially. The net loss improved to $(2.1) million, or $(0.53) per share, compared to $(3.1) million, or $(2.92) per share in Q2 2023.
Intrusion completed two financing efforts, raising $3.2 million through a private placement and warrant inducement offering. The company appointed Dion Hinchcliffe to its Board of Directors and remains focused on driving sales volume and improving financial flexibility.
Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, has announced its participation in the upcoming Sidoti Micro Cap Conference on August 14 and 15, 2024. The company's CEO, Tony Scott, and CFO, Kimberly Pinson, will be representing Intrusion at the event. Key highlights include:
1. A presentation by management scheduled for August 14 at 2:30 p.m. EDT
2. Investor meetings to be held throughout both days of the conference
3. A live webcast of the presentation will be available in the 'Events' section of Intrusion's investor relations website
This participation provides an opportunity for Intrusion to showcase its cybersecurity solutions and engage with potential investors in the micro-cap space.
Intrusion Inc. (NASDAQ:INTZ), a cyberattack prevention solutions leader, has announced it will release its second quarter 2024 financial results on Tuesday, August 13, 2024, after market close. The company will host a conference call at 5:00 p.m. EDT to discuss the results, led by CEO Tony Scott and CFO Kimberly Pinson. The call will be broadcast live on the investor relations website in listen-only mode. Analysts and investors can join via teleconference using the provided dial-in information. A telephone replay will be available until August 27, 2024, accessible through specific replay numbers and passcode.
Intrusion Inc. (NASDAQ:INTZ), a key player in cyberattack prevention, announced the appointment of Dion Hinchcliffe to its Board of Directors, effective July 1, 2024. Hinchcliffe brings a wealth of experience in IT, business strategy, and AI, with a background in consulting Fortune 1000 companies and the federal government. Currently, he holds a VP position at The Futurum Group and is an executive fellow at Dartmouth College. His previous roles include VP at Constellation Research and lead enterprise architect at T. Rowe Price and the Missile Defense Agency. Intrusion aims to leverage Hinchcliffe's expertise to enhance their market strategy and cybersecurity offerings.
Intrusion Inc. (NASDAQ:INTZ) announced its first quarter 2024 financial results, highlighting several key developments.
EPS improved to $(0.94) per share from $(4.49) per share year-over-year. Revenue decreased by $0.2 million to $1.1 million due to reduced consulting revenue.
Gross profit margin rose to 80%, while operating expenses dropped to $3.4 million from $5.0 million. Net loss reduced to $(1.7) million, compared to $(4.7) million year-over-year. Cash and equivalents were $0.1 million as of March 31, 2024.
Subsequent to the quarter, Intrusion raised $2.6 million through a private offering and $0.6 million from a warrant inducement offering. The company regained Nasdaq compliance and achieved significant business milestones, including a $25 million contract with iOne Resources for the 2025 Philippines midterm elections and a partnership with TIM to enhance supply chain security for Orca Cold Chain Solutions. Intrusion also acquired a minority stake in Klever AI to improve its technology.
Intrusion Inc. (INTZ) will announce its first quarter 2024 financial results on May 14, 2024. The CEO and CFO will host a conference call to discuss the results. Analysts and investors can join via teleconference or webcast.
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