Intrusion Stock Price, News & Analysis

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.

INTRUSION Inc. (NASDAQ:INTZ) will announce its second quarter financial results for fiscal 2022 on August 4, 2022, after market close. The conference call, hosted by CEO Tony Scott and CFO Kimberly Pinson, is scheduled for 5:00 p.m. EDT. Interested parties can join the call via the conference number provided or access it through the investor relations website. The company emphasizes its innovative Intrusion Shield product, which enhances cybersecurity for businesses by blocking malicious connections.

Intrusion, Inc. (NASDAQ:INTZ) has appointed Kim Pinson as Chief Financial Officer, effective June 27, 2022. With over 25 years of experience in finance across various sectors, including technology and healthcare, she was previously CFO at NetFortris and EndoStim. CEO Tony Scott expressed confidence in her ability to aid in strategic planning and capital raising efforts. Ms. Pinson aims to drive transformation and capitalize on opportunities in the growing cybersecurity market, leveraging Intrusion's unique threat intelligence database and Intrusion Shield product.

Intrusion, Inc. (NASDAQ:INTZ) has announced a significant multi-year reseller agreement with InnerCore Technologies to provide its cybersecurity solution, Intrusion Shield, to a major hospitality company. This partnership will generate annual recurring revenue for Intrusion until at least 2025. The Intrusion Shield solution is designed to combat evolving cybersecurity threats in the hospitality sector, enhancing network security and customer experience. The collaboration highlights the accuracy and effectiveness of Intrusion Shield in preventing cyberattacks, establishing a strong foothold in the industry.