Company Performance - Intrusion Inc. (INTZ) closed at $0.74, reflecting a +0.93% change from the previous day, outperforming the S&P 500's daily loss of 0.03% [1] - Over the past month, shares of Intrusion Inc. have decreased by 12.22%, underperforming the Computer and Technology sector's gain of 1.65% and the S&P 500's gain of 1.39% [1] - The upcoming earnings per share (EPS) is projected at -$0.42, indicating an 85% increase compared to the same quarter of the previous year, with quarterly revenue expected to be $1.58 million, up 7.14% from the year-ago period [1] Full Year Estimates - For the full year, analysts expect earnings of -$1.87 per share and revenue of $6.3 million, representing changes of -228.07% and +12.28% respectively from the previous year [2] - Recent changes to analyst estimates reflect positive sentiment towards the company's business operations and profit generation capabilities [2] Zacks Rank and Industry Performance - Intrusion Inc. currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [3] - The Computer - Networking industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 101, placing it in the top 41% of over 250 industries [3] - Research indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [3]

Sitka Gold Encounters Multiple Observations of Visible Gold in First Two Diamond Drill Holes Ever Completed at the Rhosgobel Intrusion at Its Flagship RC Gold Project in Yukon October 09, 2024 8:30 AM EDT | Source: Sitka Gold Corp. Multiple instances of visible gold observed in drill core from first diamond drill holes ever completed at the Rhosgobel reduced intrusion-related gold deposit target located 5 km south of the Blackjack gold deposit. Gold mineralization appears to extend at least 250 metres below ...

Company Overview - Intrusion Inc. (INTZ) closed at $0.87, showing no change from the previous trading day, while the S&P 500 gained 0.9% [1] - The stock has decreased by 21.62% over the past month, underperforming the Computer and Technology sector's gain of 5.76% and the S&P 500's gain of 3.15% [1] Financial Performance - Intrusion Inc. is expected to report earnings of -$0.42 per share, indicating a year-over-year growth of 85% [2] - The projected quarterly revenue is $1.58 million, reflecting a 7.14% increase from the same period last year [2] - For the full year, earnings are projected at -$1.87 per share and revenue at $6.3 million, representing changes of -228.07% and +12.28% respectively from the prior year [3] Analyst Estimates and Market Sentiment - Recent changes in analyst estimates for Intrusion Inc. are important as they reflect short-term business trends [4] - Positive estimate revisions are seen as a sign of optimism regarding the company's business outlook [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Intrusion Inc. as 2 (Buy) [6] Industry Context - The Computer - Networking industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 98, placing it in the top 39% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Intrusion Inc. (INTZ) announced that it has secured a $2 million contract with the U.S. Department of Defense (DoD) to fortify its cybersecurity measures. Over the next 12 months, the company will collaborate closely with DoD staff and commercial partners to achieve top-tier security and operational efficiency standards. As part of this new contract, the company will create a customized solution that combines Intrusion's products and intellectual property — specifically Intrusion Shield and TraceCop — with ...

For Immediate Release Chicago, IL – September 20, 2024 – Today, Zacks Equity Research discusses Cisco (CSCO) , NetScout Systems (NTCT) and Intrusion Inc (INTZ) . Industry: Computer Networking Link: https://www.zacks.com/commentary/2338556/keep-an-eye-on-these-3-networking-stocks-from-athriving-industry Increasing focus on cloud computing, network security, big data and cloud storage is expected to boost the Zacks Computer - Networking industry participants' performance amid the rapid proliferation of AI tec ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2024 was $1.5 million, representing a sequential increase of 29% [10][11] - Consulting revenue totaled $1.2 million, an increase of $0.5 million sequentially and $0.1 million year-over-year [13] - Shield revenue for Q2 2024 was $0.3 million, down $0.1 million sequentially and year-over-year [14] - Gross profit margin was 76% for Q2 2024, compared to 80% in Q1 2024 and 78% in Q2 2023 [15] - Operating expenses totaled $3.1 million, a decrease of $0.2 million sequentially and $0.9 million year-over-year [16] - Net loss from operating activities was $2 million, an 18% improvement over Q1 2024 and a 30% improvement year-over-year [17] - Cash and cash equivalents were $1.5 million as of June 30, 2024 [18] Business Line Data and Key Metrics Changes - The company signed five new logos in Q2 2024, bringing the total to 14 year-to-date [5] - The recent government contracts contributed positively to both Shield and consulting revenue [6][11] - Consulting revenue growth was driven by the approval of the federal budget, allowing new contract awards [13] Market Data and Key Metrics Changes - Strong momentum was observed in the Philippines, with multiple contracts signed, including for national election cybersecurity [7] - The company opened a wholly-owned subsidiary in the Philippines to better serve its expanding customer base [7] Company Strategy and Development Direction - The company is focusing on positioning itself for growth after overcoming previous challenges [4] - The go-to-market strategy includes selling products through managed service providers and traditional reseller channels, with positive growth reported [8] - The company is investing in product development to enhance capabilities and address emerging cybersecurity challenges [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the early stages of growth and the potential for improved financial results in the coming quarters [4][20] - The company is confident in its pipeline for new logos and current contract expansions, anticipating a ramp in revenue [20] Other Important Information - The company successfully closed a private offering in April, resulting in net proceeds of $2.6 million [12] - A Standby Equity Purchase Agreement (SEPA) was entered into with Streeterville Capital to sell $10 million of common stock, pending shareholder approval [13][19] Q&A Session Summary Question: Where is the strength in the pipeline and any low-hanging fruit for Shield? - Management noted ongoing investments in new capabilities and identified new opportunities in both government and other sectors [22][23] Question: Date for the annual meeting and capital utilization from the potential Streeterville capital raise? - The annual meeting is scheduled for August 27, and proceeds will be used for general corporate purposes and product development [24][25] Question: Comfort level with operating expenses and potential for better operating leverage? - Management expressed comfort with current operating expenses and the potential for leveraging them as revenue grows [26] Question: How many of the new logos are in the Philippines? - Approximately half of the new logos are in the Philippines, with three contracts announced in the region [28] Question: Revenue ramp from contracts in the Philippines? - Revenue from the election contract is expected to begin in Q3 [29] Question: Metrics for significant government contracts? - Management indicated that recurring revenue is the key metric for Shield, with consulting contracts acting similarly to recurring revenue [31] Question: Lengthening of sales cycles? - Sales cycles have lengthened due to the complexity of the cybersecurity space, not necessarily due to competition or the economy [34][35]

Intrusion Inc. (INTZ) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to loss of $3 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 26.39%. A quarter ago, it was expected that this company would post a loss of $1.39 per share when it actually produced a loss of $0.94, delivering a surprise of 32.37%. Over the last four quarters, the company has surpassed ...

Company Performance - Intrusion Inc. is projected to report earnings per share (EPS) of -$0.72, reflecting a 76% increase from the same quarter last year [3] - The latest consensus estimate for revenue is $1.25 million, which is a decrease of 14.97% from the prior-year quarter [3] - For the full year, the Zacks Consensus Estimates project earnings of -$2.72 per share and revenue of $6.1 million, indicating changes of -377.19% and +8.72%, respectively, from the preceding year [10] Stock Performance - Shares of Intrusion Inc. gained 9.09% over the past month, outperforming the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96% during the same period [6] - The stock closed at $1.34, moving up by 1.14% from the previous trading session, while the S&P 500, Dow, and Nasdaq experienced slight losses [9] Industry Context - The Computer - Networking industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 199, placing it within the bottom 22% of over 250 industries [2] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Prior to today's trading, shares of the company had gained 5.74% over the past month. This has outpaced the Computer and Technology sector's gain of 1.25% and the S&P 500's gain of 4.43% in that time. It is also important to note the recent changes to analyst estimates for Intrusion Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. The Comput ...

Intrusion Inc. (INTZ) closed the most recent trading day at $1.10, moving -0.45% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.41%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.71%. The the stock of company has fallen by 28.71% in the past month, lagging the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.53%. Market participants will be closely following the financial results of In ...