Intrusion Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Intrusion (NASDAQ:INTZ) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.50m (up 2.5% from 3Q 2023).
• Net loss: US$2.05m (loss narrowed by 36% from 3Q 2023).
• US$0.31 loss per share (improved from US$2.79 loss in 3Q 2023).

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

Intrusion EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 44% 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 up 4.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Intrusion (3 are a bit concerning!) that you should be aware of.

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