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 a strategic partnership with NetFoundry to develop a Zero Trust Network Access Solution called Intrusion Shield Endpoint. This solution aims to enhance cybersecurity for businesses, using a zero trust architecture that emphasizes secure data protection. The initiative aligns with the new Federal Cybersecurity Strategy, reinforcing the urgency for tech firms to take accountability against cyber threats. Intrusion Shield Endpoint utilizes a P2P encrypted network overlay for secure access and integrates the Intrusion Global Threat Engine for enhanced threat management, aiming to bolster security posture against emerging risks.
Intrusion Inc. (NASDAQ:INTZ) has announced a reseller agreement with Netgate, enabling Intrusion to sell the pfSense Plus firewall alongside its own product, Intrusion Shield. Both products aim to enhance cybersecurity for businesses, governments, and educational institutions. With over 7 million installations globally, pfSense Plus is recognized as a leading firewall. CEO Tony Scott expressed optimism that this partnership will attract new customers and bolster product awareness.
This collaboration marks a strategic entry into the cybersecurity marketplace, leveraging both companies' reputations for quality and security.
Intrusion Inc. (NASDAQ:INTZ) reported its fourth quarter and full-year financial results for 2022, highlighting a fourth quarter revenue of $1.4 million, down 12% year-over-year. Total annual revenue reached $7.5 million, a 3% increase from 2021. The gross profit margin improved, with Q4 at 63% compared to 50% in Q4 2021. However, net losses widened to $5.2 million for Q4 and $16.2 million for the year. Operating expenses decreased to $20.5 million for the year. The company aims to raise between $15 to $20 million in 2023 to support its growth plans, partly through common stock sales.
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