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. reports cybersecurity product, customer, and financial developments tied to its cyberattack prevention business. The company centers its updates on Intrusion Shield, a network security platform that uses threat intelligence and IP reputation data to detect malicious traffic, provide analytical visibility, and block inbound and outbound connections.
Recurring company news includes quarterly results, Shield product extensions such as cloud-native, on-premise, gateway, and endpoint offerings, and deployments for government, emergency services, law enforcement, and critical-infrastructure use cases. Updates also cover channel and public-sector business development, the P.O.S.S.E. Program for sheriff departments, and the company’s broader portfolio of threat intelligence and network security tools.
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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.
PLANO, TX / ACCESSWIRE / March 2, 2023 / Intrusion, Inc. (NASDAQ:INTZ) has launched a mobile application, Intrusion Shield Mobile, available on the Google Play Store. This app integrates with the Intrusion Global Threat Engine to provide robust security by monitoring outbound requests and blocking access to over 76 million high-risk domains. Designed for Android users, Shield Mobile establishes a local VPN to protect against cyber threats while browsing or using applications. CEO Tony Scott emphasized the increasing vulnerabilities with the rise of mobile app usage. Intrusion, Inc. continues to innovate in the cybersecurity space, enhancing its offerings for users.
PLANO, TX / ACCESSWIRE / March 1, 2023 / INTRUSION Inc. (NASDAQ:INTZ) will announce its fourth quarter and full year 2022 financial results on March 6, 2023, post market close. CEO Tony Scott and CFO Kimberly Pinson will lead a conference call at 5:00 p.m. EDT to discuss these results. Interested parties can join via a live teleconference at +1-888-330-2041 or through the investor relations website. The call will also be available for replay until March 13, 2023. INTRUSION specializes in cyberattack prevention solutions, leveraging a vast threat intelligence database to enhance security for its clients.