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 Plano, Texas-based cybersecurity company focused on advanced threat intelligence and cyberattack prevention. This news page aggregates press releases and media coverage related to Intrusion’s business, products, contracts, and financial performance, giving readers a centralized view of developments that affect the company and its stock.
According to Intrusion’s public announcements, the company’s core capabilities center on its TraceCop threat intelligence database and the Intrusion Shield platform, which is designed to detect and block malicious and unknown network connections in real time. Recent news has highlighted the expansion of the Shield ecosystem, including Shield Cloud availability in AWS Marketplace and the launch of Shield Stratus, a cloud-native packet filtering solution that integrates with AWS Gateway Load Balancer.
Investors and analysts following INTZ can use this page to review company-reported quarterly results, commentary on sequential revenue trends, and updates on contracts such as Intrusion’s work with the U.S. Department of Defense. Releases also cover topics like additional DoD funding for research, OT Defender, Shield, and analytical services, as well as the company’s participation in investor conferences and webcasts.
For those tracking cybersecurity trends and Intrusion’s role in reputation-based enforcement, the news feed provides ongoing insight into product enhancements, cloud security initiatives, and management’s stated priorities around growth and profitability. Bookmark this page to quickly access the latest official announcements, earnings press releases, and event notices related to Intrusion Inc. and the INTZ stock.
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.
FAQ
What is the current stock price of Intrusion (INTZ)?
What is the market cap of Intrusion (INTZ)?
