Intrusion's Q4 2024 performance reflects the expansion of its cybersecurity portfolio and the addition of new customers, including major government contracts.
Intrusion Inc. (INTZ) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.09 per share a year ago.
INTZ's Q4 2024 performance is likely to have gained from higher Intrusion Shield sales and penetration in the government sector amid rising R&D costs.
The latest trading day saw Intrusion Inc. (INTZ) settling at $1.83, representing a +0.55% change from its previous close.
Our proven methods were effective in assisting investors with the market last week. Below are some important performance statistics from the last three months.
Improved balance sheet and financial flexibility positions the Company for future growth PLANO, TX / ACCESSWIRE / January 15, 2025 / Intrusion Inc. (NASDAQ:INTZ) (the "Company"), a leader in cyberattack prevention solutions, today provided an update on recent actions taken that resulted in $14.5 million in proceeds to the Company and the elimination of $10.1 million notional value of all Series A Preferred Stock. These actions strengthen the Company's financial position and ensure that Intrusion has sufficient capital to fund its operations and eliminates the need for the Company to raise additional capital in calendar year 2025.
PLANO, TX / ACCESSWIRE / January 6, 2025 / Intrusion Inc. (NASDAQ:INTZ) (the "Company"), a leader in cyberattack prevention solutions, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 653,000 shares of common stock at a purchase price of $3.05 per share and 1,806,016 prefunded warrants to purchase up to 1,806,016 shares of common stock at a purchase price of $3.0499 per prefunded warrant in a privately negotiated registered direct offering. The prefunded warrants are immediately exercisable at an exercise price of $0.0001 per share of common stock.
The increasing need for cybersecurity solutions and the upgrade to Wi-Fi 7 are likely to help companies in the Zacks Computer - Networking sector, such as EXTR, NTCT, and INTZ.
PLANO, TX / ACCESSWIRE / December 10, 2024 / Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, today announced the expansion of its cybersecurity portfolio with the introduction of Intrusion Shield Sentinel, a high-performance monitoring appliance built for large enterprises and carriers allowing for comprehensive visibility across the largest and most complex network environments. Shield Sentinel uniquely offers the option of full Lambda monitoring of fiber trunks at speeds up to 100 Gbps bidirectional while comprehensively capturing DNS queries and answers, flow records for foundational internet protocols, and robust logging data for advanced forensic analysis and threat hunting.
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