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. (NASDAQ: INTZ) is a Plano, Texas-based cybersecurity company focused on advanced threat intelligence and cyberattack prevention. This news page aggregates press releases and media coverage related to Intrusion’s business, products, contracts, and financial performance, giving readers a centralized view of developments that affect the company and its stock.
According to Intrusion’s public announcements, the company’s core capabilities center on its TraceCop threat intelligence database and the Intrusion Shield platform, which is designed to detect and block malicious and unknown network connections in real time. Recent news has highlighted the expansion of the Shield ecosystem, including Shield Cloud availability in AWS Marketplace and the launch of Shield Stratus, a cloud-native packet filtering solution that integrates with AWS Gateway Load Balancer.
Investors and analysts following INTZ can use this page to review company-reported quarterly results, commentary on sequential revenue trends, and updates on contracts such as Intrusion’s work with the U.S. Department of Defense. Releases also cover topics like additional DoD funding for research, OT Defender, Shield, and analytical services, as well as the company’s participation in investor conferences and webcasts.
For those tracking cybersecurity trends and Intrusion’s role in reputation-based enforcement, the news feed provides ongoing insight into product enhancements, cloud security initiatives, and management’s stated priorities around growth and profitability. Bookmark this page to quickly access the latest official announcements, earnings press releases, and event notices related to Intrusion Inc. and the INTZ stock.
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.
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.