Intrusion Stock Price, News & Analysis

INTRUSION Inc. (NASDAQ: INTZ) will disclose its Q1 2021 financial results on May 4, 2021, after market close. The presentation will be led by Jack Blount and Franklin Byrd during a conference call at 4:00 p.m. CT, available live on their investor relations website.

The call can be accessed via telephone using numbers provided in the release. A replay will be available shortly after the call until May 11, 2021. INTRUSION specializes in cyberattack prevention solutions leveraging AI and threat intelligence.

INTRUSION (NASDAQ: INTZ) is facing legal challenges following a short report published on April 14, 2021, leading to investigations by law firms and a class action lawsuit filed on April 16. The lawsuit names the company’s CEO and CFO as defendants, reiterating allegations from the short report. INTRUSION firmly denies these claims, asserting they are baseless and plans to mount a robust defense. The company highlights its proprietary technology behind Shield, which is backed by patents and in early customer rollout with notable clients such as Kimberly-Clark and Lippert Components.

INTRUSION, Inc. (NASDAQ: INTZ) recently announced its intention to address false claims made in a research report. CEO Jack Blount criticized the report as malicious and inaccurate, stating the company is considering further action. INTRUSION specializes in cyberattack prevention solutions, notably including Zero-Day vulnerabilities. The company's offerings utilize AI to combat cyber threats in real-time. INTRUSION seeks to protect businesses of all sizes with advanced threat intelligence and solutions like Shield, TraceCop™, and Savant™.

INTRUSION, Inc. (NASDAQ: INTZ) reported strong Q1 2021 results, exceeding expectations. The company secured new customers, including Kimberly-Clark and Lippert Components, while also partnering with over 30 channel partners in Australia and Mexico. INTRUSION Shield is now protecting more than 50,000 seats, far surpassing its original goal. The recent hiring of a new Chief Sales Officer, Darryl Athans, reinforces a commitment to growth and global expansion, positioning INTRUSION favorably for continued success.

INTRUSION, Inc. (NASDAQ: INTZ) has secured an agreement with Lippert Components to deploy its Shield cyber-attack prevention solution. Lippert, a global manufacturing leader, aims to protect its growing network from sophisticated cyber threats. Shield utilizes real-time AI technology, boasting 99.999% efficiency in thwarting cyberattacks. This partnership not only enhances Lippert’s security but also extends Shield services throughout its supply chain, ensuring critical component availability as operations expand worldwide.

INTRUSION, Inc. (NASDAQ: INTZ) has partnered with Kimberly-Clark to enhance its network security using INTRUSION Shield. This solution boasts a 99.999 percent accuracy rate in neutralizing cyber threats without impeding network performance. Kimberly-Clark's infrastructure supports a vast global workforce, and Shield's AI capabilities will significantly reduce security risks. CEO Jack Blount emphasized the need for innovative protection strategies for multi-national corporations. This agreement underscores INTRUSION's commitment to providing advanced cyber-defense solutions.

INTRUSION, a leader in cyber-attack prevention, announced that its executive team will participate in two upcoming conferences: the Loop Capital Markets Conference on March 11, 2021, and the 33rd Annual ROTH Conference on March 16, 2021. Jack Blount (President and CEO), Franklin Byrd (CFO), and Gary Davis (CMO) will be available for investor calls. INTRUSION's innovative solutions, including Shield, TraceCop™, and Savant™, utilize advanced threat intelligence and AI to protect companies from cyber threats, even zero-days.

INTRUSION, Inc. (NASDAQ: INTZ) announced its financial results for Q4 and the full year ended December 31, 2020, revealing a revenue decline. Q4 revenue was $1.6 million, down from $2.6 million in Q4 2019, while the annual revenue decreased to $6.6 million from $13.6 million. The gross margin also fell to 58% from 61% year-on-year. Despite these challenges, the company reported growing orders for its Shield™ solution, expanded its distributor network, and ended the quarter with $16.7 million in cash after raising $18.2 million through public stock issuance.

INTRUSION Inc. (NASDAQ: INTZ) announced the appointment of Gary Davis as Chief Marketing Officer. With over 20 years of executive marketing experience, Davis previously worked at Intel and McAfee, driving significant growth. He will lead marketing and communications at INTRUSION, contributing to its goals of rapid expansion and increased market share in the cybersecurity sector. CEO Jack Blount expressed confidence in Davis's ability to accelerate growth and strengthen their global presence.