Intellicheck Third Quarter 2024 Earnings: Misses Expectations

Intellicheck (NASDAQ:IDN) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$4.71m (down 1.1% from 3Q 2023).
• Net loss: US$837.0k (loss widened by 30% from 3Q 2023).
• US$0.043 loss per share (further deteriorated from US$0.033 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Intellicheck Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates.

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Intellicheck has 4 warning signs (and 1 which is a bit unpleasant) we think you should know about.

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