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Intrusion (INTZ)
NASDAQ:INTZ
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Earnings Data
Report Date
Feb 17, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.23Last Year’s EPS
-$1.8Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -51.03%
|Next Earnings Date:Feb 17, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive momentum with sequential revenue improvement, strong demand in the Asia Pacific region, and a significant contract with the U.S. Department of Defense. However, challenges such as non-compliance with NASDAQ listing requirements, decreased consulting revenue, and liquidity concerns were noted. Overall, there is cautious optimism for future growth.Company Guidance
During the Q3 2024 earnings call for Intrusion, Inc., key metrics highlighted include a 49% sequential increase in Shield revenue, largely driven by a new $2 million contract with the U.S. Department of Defense. Total revenues reached $1.5 million, marking a 3% sequential growth and a 2% year-over-year increase. The company maintained a healthy gross margin of 77%, with operating expenses at $3.2 million, which, despite a $0.1 million sequential increase, represent a $0.6 million year-over-year decrease. The net loss for the quarter was $2.1 million, showing a $1.1 million improvement compared to the same period last year. Additionally, Intrusion reported near-zero customer churn and highlighted strategic growth in the Asia Pacific region, along with ongoing product development and enhancements.Sequential Revenue Improvement
The company delivered its second consecutive quarter of sequential revenue improvement, marking an important milestone in the journey towards sustainable growth and profitability.
New Shield Logos and Low Churn
Signed 7 new Shield logos in the third quarter, bringing the total new logo count year-to-date to 18, with near 0 churn among Shield customers.
Expansion in Asia Pacific Region
Strong demand for products in the Philippines and broader Asia Pacific region, with a growing pipeline of high-quality opportunities expected to close in the fourth quarter and first half of 2025.
U.S. Department of Defense Contract
A significant portion of the increase in Shield revenue was driven by a $2 million U.S. Department of Defense contract.
Gross Margin and Cost Control
Gross margin maintained above 77%, with costs remaining relatively flat, supporting long-term goals.
Improved Net Loss
Net loss improved by $1.1 million year-over-year, attributed to lower operating expenses and reduced interest charges.
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INTZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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INTZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $0.82 | $0.70 | -14.63% |
| Aug 13, 2024 | $1.20 | $1.43 | +19.17% |
| May 14, 2024 | $2.58 | $1.90 | -26.36% |
| Mar 26, 2024 | $3.05 | $2.78 | -8.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Intrusion (INTZ) report earnings?
Intrusion (INTZ) is schdueled to report earning on Feb 17, 2025, TBA Not Confirmed.
What is Intrusion (INTZ) earnings time?
Intrusion (INTZ) earnings time is at Feb 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INTZ EPS forecast?
INTZ EPS forecast for the fiscal quarter 2024 (Q4) is -$0.23.
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