Intrusion Stock Price, News & Analysis

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.

INTRUSION (Nasdaq: INTZ) has appointed Tony Scott as its new President and CEO, effective November 15, 2021. Scott brings extensive experience, having previously served as the Federal CIO for the U.S. government and held key positions at Fortune 100 companies, such as VMware, Microsoft, and The Walt Disney Company. His leadership is expected to enhance INTRUSION's cybersecurity solutions and expand its government business. Scott's deep knowledge and connections are anticipated to provide significant benefits during this critical phase of INTRUSION's evolution.

INTRUSION, Inc. (NASDAQ: INTZ) reported a 14% year-over-year revenue increase for Q3 2021, totaling $1.8 million. Shield revenue rose to 13% of total revenue, up from 7% in the previous quarter. Despite growth, the net loss widened to $6.1 million or ($0.34) per share, compared to a loss of $5.0 million in Q2 2021. Operating expenses increased to $7.2 million. Cash reserves stood at $7.2 million as of September 30, 2021. The company added five new Shield customers and received validation for Shield's effectiveness against cyberattacks.

INTRUSION (Nasdaq: INTZ) has unveiled key initiatives to bolster its cybersecurity offerings and market presence. The company launched version 17.3 of its Shield product, enhancing its capabilities against Zero-Day and malware-free attacks. Additionally, INTRUSION formed a new Advisory Board with industry veterans and onboarded new channel partners, including Liquid PC and Forequest Technologies. These strategic steps aim to support organizations in developing their Zero Trust Architecture more effectively, while also addressing the growing demand for cybersecurity solutions amid rising cyber threats.

INTRUSION Inc. (NASDAQ: INTZ) will announce its third quarter 2021 financial results on November 11, 2021, after market close. The call will feature Joe Head (CTO), Franklin Byrd (CFO), and Gary Davis (CMO) at 4:00 p.m. Central Time. Investors can join via a live teleconference or listen online at ir.intrusion.com. A replay will be available until November 18, 2021. INTRUSION specializes in cyberattack prevention solutions, leveraging AI and advanced threat intelligence for real-time protection against cyber threats, including zero-day vulnerabilities.

INTRUSION (Nasdaq: INTZ) announces positive recognition for its INTRUSION Shield cybersecurity solution from three experts in the industry. Frank Oelschlager noted that Shield delivers on key claims, while Tony Bradley emphasized its ability to enhance security posture by shifting towards a Zero-Trust model. Charles Kolodgy highlighted its unique bidirectional approach, ensuring only trusted connections. These assessments reinforce the product's effectiveness against cyberattacks, particularly zero-day threats, aligning with growing market focus on advanced cybersecurity.

INTRUSION, Inc. (NASDAQ: INTZ) has announced that Lippert Components has accelerated the deployment of its INTRUSION Shield cyber-attack prevention solution. This decision comes as companies face increasing numbers of cyberattacks stemming from zero-day and malware-free exploits. Shield's innovative approach, which utilizes historical IP behavior instead of traditional signature-based methods, has proven effective in initial tests, prompting Lippert to enhance its rollout. Both Lippert's and INTRUSION's leadership emphasize the critical need for enhanced cybersecurity measures in today's landscape.