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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.
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Intrusion Inc. (NASDAQ:INTZ) announced the resignation of Chief Financial Officer, Franklin Byrd, effective May 30, 2022. The decision was not due to disagreements on strategy or financial irregularities. Byrd will assist the company during the transition period. CEO Tony Scott praised Byrd for his contributions in enhancing management and financial discipline. Intrusion specializes in cybersecurity solutions, notably offering Intrusion Shield, which employs a Zero Trust approach to protect networks from cyber threats, including Zero-Day and ransomware attacks.
Intrusion Inc. (NASDAQ:INTZ) reported its first-quarter results for fiscal 2022, with revenue of $1.8 million, consistent with the previous year. The company's INTRUSION Shield product revenue increased by 7% sequentially, accounting for 12% of overall revenue. Operating expenses were stable at $5.2 million, but the net loss widened to $4.1 million or ($0.21) per share. Cash reserves stood at $6.1 million. New product developments are on track for demo in Q2, aiming for full deployment in the latter half of 2022.
INTRUSION Inc. (NASDAQ:INTZ), a cybersecurity leader, is set to announce its first quarter fiscal year 2022 financial results on May 12, 2022, after market close. A conference call led by CEO Tony Scott and CFO Franklin Byrd will take place at 5:00 p.m. EDT to discuss these results. Interested parties can access the call via teleconference or through the company’s investor relations website. INTRUSION specializes in cyberattack prevention solutions, leveraging a unique threat intelligence database.
Intrusion Inc. (NASDAQ: INTZ) reported its fourth quarter and full year results for 2021, with revenues of $1.6 million in Q4, unchanged year-over-year, and annual revenue of $7.3 million, reflecting a 10% increase. The gross profit margin improved to 65% in Q4 compared to 58% in Q4 2020, primarily due to INTRUSION Shield sales. However, the company faced a net loss of $3.9 million in Q4 and $18.8 million for the year. Intrusion implemented an executive-led sales strategy to boost growth and has engaged in 18 proof of concept demos for its Shield product, which is expanding to cloud and endpoint solutions.
INTRUSION Inc. (NASDAQ: INTZ) will announce its Q4 and full year 2021 financial results on March 17, 2022, post-market. CEO Tony Scott and CFO Franklin Byrd will host a conference call at 5:00 p.m. EDT to discuss these results. The call will be accessible via a live webcast and teleconference for analysts and investors. INTRUSION offers advanced cybersecurity solutions, highlighted by its product Intrusion Shield, designed to bolster security by blocking malicious connections. The company has a robust threat intelligence database with data on over 8.5 billion IP addresses.
INTRUSION Inc. (NASDAQ: INTZ) announced a financing transaction on March 10, 2022. The company sold a 7.0% unsecured note totaling $5.35 million to Streeterville Capital for $5 million after expenses. The net proceeds of approximately $4.7 million will be used for general corporate purposes. The maturity date is 18 months after issuance, with a monthly redemption option. The CEO emphasized that this deal enhances financial flexibility to meet the growing demand for cybersecurity solutions.
On February 2, 2022, INTRUSION Inc. (NASDAQ: INTZ) announced the appointment of Tony Scott as a member of its Board of Directors, effective January 21, 2022. Scott, who is also the President and CEO, brings extensive cybersecurity and leadership experience to the role. Chairman Tony LeVecchio praised Scott's strategic vision and expertise, which are expected to enhance the company's growth and position in the cybersecurity sector. Scott expressed enthusiasm for guiding INTRUSION towards future opportunities that benefit shareholders and foster innovation.
INTRUSION Inc. (NASDAQ: INTZ) hosted a strategic update conference call on January 25, 2022, led by CEO Tony Scott. The company aims to enhance its Shield product suite with cloud and endpoint solutions by late 2022, while also repositioning sales and marketing efforts. Key strategies include focusing on strategic partnerships, increasing capital for market opportunities, and expanding its government business. Scott emphasized the organization's commitment to combating rising cybersecurity threats and ensuring performance improvements to enhance shareholder value.
INTRUSION Inc. (NASDAQ: INTZ) announced a conference call featuring its new CEO, Tony Scott, set for January 25, 2022, at 5 P.M. ET. The call aims to outline the company’s strategic vision and growth objectives. Interested investors can join via webcast or by dialing 1-888-330-2041 with the ID 6774917. INTRUSION specializes in cyberattack prevention solutions, utilizing advanced threat intelligence and AI through its flagship product, INTRUSION SHIELD. For further details, visit www.intrusion.com.
PLANO, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) -- INTRUSION (Nasdaq: INTZ) announced participation in The Benchmark Company’s Discovery One on One Virtual Investor Conference on December 2, 2021. Executive management, including Joe Head (CTO), Franklin Byrd (CFO), and Gary Davis (CMO), will meet with investors via video calls. INTRUSION specializes in advanced cyberattack prevention solutions, utilizing real-time AI to protect various-sized businesses against threats, including zero-days. For further details about their services, visit www.intrusion.com.
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