Intrusion Stock Price, News & Analysis

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.

Intrusion, Inc (NASDAQ:INTZ) has partnered with Carahsoft Technology Corp. to enhance its market presence in the Public Sector. Carahsoft will act as the Master Government Aggregator, making Intrusion's Shield cybersecurity products available through various reseller partners. This partnership aims to bolster government agencies' Zero Trust strategies by offering advanced protection against cyber threats, including zero-days. Intrusion Shield encompasses on-premise protection, cloud security, endpoint protection, and cyber threat consulting. This collaboration is expected to improve cybersecurity infrastructure across federal, state, and local agencies.

Intrusion Inc. (NASDAQ:INTZ) reported third quarter 2022 revenue of $2.2 million, a 21% increase year-over-year and a 7% increase sequentially. The revenue from the new Intrusion Shield products surged by 70% year-over-year. Operating expenses decreased to $5.0 million from $7.0 million in the prior year, while the net loss narrowed to ($2.9) million, or ($0.15) per share. Cash reserves improved to $6.9 million as of September 30, 2022. The company maintains a robust outlook for cybersecurity investments despite macroeconomic challenges.

Intrusion, Inc. (NASDAQ:INTZ) has announced a partnership with vTech Solution, a managed IT services firm based in Washington D.C., aimed at enhancing Intrusion's cybersecurity offerings. This collaboration focuses on proactive security measures, enabling vTech to leverage Intrusion's advanced threat identification software and its extensive incident database. The partnership is expected to expand Intrusion's market reach, supported by vTech's operations across 40 U.S. states and several countries. Both companies aim to improve cybersecurity for state and local government enterprises.

INTRUSION Inc. (NASDAQ:INTZ) will release its Q3 fiscal 2022 financial results on November 3, 2022, post-market close. A conference call hosted by CEO Tony Scott and CFO Kimberly Pinson is scheduled for 5:00 p.m. EDT to discuss these results. The call can be accessed via teleconference or through a live webcast on the investor relations website, with replay options available until November 10, 2022. INTRUSION specializes in cybersecurity solutions, providing a unique threat intelligence database with data on over 8.5 billion IP addresses to enhance network security.

Intrusion, Inc. (NASDAQ:INTZ) announced the commercial launch of its new Intrusion Shield Cloud and Shield Endpoint products, enhancing its Shield solutions portfolio. The Shield Cloud extends its Global Threat Engine to IaaS, PaaS, SaaS, and serverless resources, offering Zero Trust access and protection for virtual hosts. The Shield Endpoint secures remote workers and devices, implementing a Zero Trust framework for both internal and external connections. CEO Tony Scott highlighted the increasing customer demand for these advanced cybersecurity solutions, supporting the company's strategic growth in the hybrid and cloud markets.

Intrusion, Inc. (NASDAQ:INTZ) has partnered with OneSmartLaboratory to implement Intrusion Shield for securing Intelligent Laboratory Automation (ILA) operations. This solution protects medical lab connectivity from cyber threats, ensuring compliance with HIPAA regulations. CEO Tony Scott emphasized the rising ransomware threats targeting medical labs, making this partnership crucial for protecting patient data and operational integrity. OneSmartLaboratory's CTO applauded Intrusion's AI-driven cybersecurity capabilities, reaffirming the latter's role as a key provider for ILA cybersecurity.

Intrusion Inc. (NASDAQ:INTZ) reported second-quarter financial results for fiscal year 2022, achieving revenue of $2.1 million, a 12% sequential increase and 5% year-over-year. The newly launched Intrusion Shield product saw a remarkable 69% sequential and 139% year-over-year revenue increase, constituting 16% of total sales. The company improved its financial position by closing an additional $5.4 million in unsecured notes. Despite a net loss of $4.1 million or ($0.21) per share, this marks a reduction from the previous year's loss of ($0.28) per share.