Intrusion(INTZ) - 2024 Q1 - Quarterly Results

Recent Financial & Business Highlights: First Quarter Financial Results Revenue for the first quarter of 2024 was $1.1 million, a decrease of $0.2 million on both a sequential and year-over-year basis. The decline in revenue during the first quarter of 2024 was driven by a decrease in consulting revenue that was mainly associated with the federal budget not being approved until the end of the first quarter, which hindered the timing of new contract awards. The gross profit margin was 80% for the first quart ...