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Intrusion (INTZ) Q2 Loss Narrower Than Expected, Revenues Top
INTZIntrusion(INTZ) ZACKS·2024-08-16 15:55

Intrusion Inc. (INTZ) incurred a second-quarter 2024 loss of 53 cents per share compared with a loss of $2.92 a year ago. The figure was narrower than the Zacks Consensus Estimate of a loss of 72 cents. The quarter's revenues totaled $1.5 million, beating the Zacks Consensus Estimate by 16.8%. The top line decreased 0.5% year over year. However, total revenues rose 29% on a sequential basis. The sequential top-line growth during the second quarter was primarily driven by the addition of a government contrac ...