Intrusion Inc. (INTZ) Reports Q1 Loss, Tops Revenue Estimates

Core Viewpoint - Intrusion Inc. reported a quarterly loss of $0.11 per share, aligning with the Zacks Consensus Estimate, and showing improvement from a loss of $0.94 per share a year ago [1] - The company generated revenues of $1.78 million for the quarter, exceeding the Zacks Consensus Estimate by 7.25%, compared to $1.13 million in the same quarter last year [2] Financial Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [1] - Revenues have also topped consensus estimates two times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.09 on revenues of $1.8 million, and for the current fiscal year, it is -$0.39 on revenues of $7.5 million [7] Stock Performance - Intrusion shares have declined approximately 55.8% since the beginning of the year, contrasting with the S&P 500's decline of 6% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Outlook - The Computer - Networking industry, to which Intrusion belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]