Intrusion Q3 Loss Narrower Than Expected, Sales Rise Y/Y, Stock Up 12%

Intrusion Inc. (INTZ) incurred a third-quarter 2024 loss of 35 cents per share compared with a loss of $2.78 a year ago. The bottom line was narrower than the Zacks Consensus Estimate of a loss of 42 cents. Reduced operating and interest costs due to the conversion of$9.5 million of senior debt to equity helped the company achieve a considerably narrower net loss in the third quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly revenues totaled $1.5 million, up 2.5% ye ...