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Intelligent Systems Corporation (NYSE: INS) is rebranding to CoreCard Corporation, effective December 29, 2021. The transition reflects the company's focus on its revolving credit platform, established through its early technology innovations since its IPO in 1980. While trading under the new ticker symbol CCRD begins at that date, shares will continue to trade as INS until December 28, 2021. The corporate structure and financial reporting remain unchanged. CoreCard aims to enhance its card management services, leveraging cloud technology and expertise to support digital transactions.
Intelligent Systems Corporation (NYSE: INS) reported a 26% year-over-year revenue increase to $12.9 million for Q3 2021, buoyed by license revenue of $1.8 million and growth in professional services.
CEO Leland Strange anticipates full-year revenue growth of 30% to 35%. The company is investing in R&D and recently opened an office in Bogota, Colombia, to enhance operations. Despite a decline in income from operations and net income compared to Q3 2020, the overall growth trajectory remains positive, driven by a robust credit processing platform.
Intelligent Systems Corporation (NYSE: INS) will hold an investor conference call on November 4, 2021, at 11:00 A.M. Eastern Time, to discuss its Q3 2021 earnings release. The financial results will be available before the market opens on the same day. Investors can access the call via webcast or by dialing in. A Q&A session will follow, allowing participants to submit questions via email. A transcript will be posted on the company’s website post-call.
NORCROSS, Ga., Sept. 17, 2021 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE: INS) announces participation in the Sidoti Fall 2021 Virtual Small Cap Investor Conference on September 22, 2021, at 1:45 p.m. ET. CEO Leland Strange and CFO Matt White will engage in a fireside chat, which will be webcasted. Intelligent Systems has been a leader in innovative credit technology solutions for over 35 years, primarily through its operations in CoreCard Software, providing extensive prepaid and credit card processing services globally.
Intelligent Systems Corporation (NYSE: INS) reported robust financial results for Q2 2021, achieving total revenues of $13.4 million, a 66% year-over-year increase. License revenue reached $2.3 million, while income from operations rose to $3.9 million, compared to $2.7 million in Q2 2020. Net income also grew to $2.8 million, up from $2.2 million in the prior year. CEO Leland Strange highlighted challenges due to COVID-19 project delays but remains optimistic about a 20%-25% revenue growth target for the year. The company will hold an investor conference call today to discuss these results further.
NORCROSS, Ga., July 22, 2021 – Intelligent Systems Corporation (NYSE: INS) plans to hold an investor conference call on August 5, 2021, at 11:00 A.M. Eastern Time. This call will accompany the company's earnings release for Q2 2021, with financial results to be issued before the market opens on that day. Investors can join via webcast or phone. A Q&A session will follow, allowing participants to submit questions. The call transcript will be made available on the company’s website post-event. Intelligent Systems has over 35 years of experience in credit technology solutions.
Intelligent Systems Corporation (NYSE: INS) announced that CEO Leland Strange and CFO Matt White will present at the Sidoti 2021 Virtual Investor Conference on June 23, 2021, at 10:45 a.m. ET. The presentation will be available via webcast. Intelligent Systems is recognized for its innovative credit technology solutions and processing services, particularly through its principal operations at CoreCard Software, Inc., which provides comprehensive prepaid and credit card processing services worldwide.
Intelligent Systems Corporation (NYSE American: INS) announced its transfer of common stock listing from NYSE American to the New York Stock Exchange (NYSE) effective June 2, 2021. The transition aims to broaden the company's shareholder base and enhance its visibility. CEO Leland Strange emphasized the move as beneficial for long-term shareholder value, allowing better communication of the company’s strategy. Intelligent Systems specializes in innovative credit technology and processing services, operating through its subsidiary CoreCard Software, which provides comprehensive payment solutions globally.
Intelligent Systems Corporation (NYSE American: INS) reported financial results for Q1 2021, generating revenues of $8.9 million, up 13% from Q1 2020. CEO Leland Strange noted the company's adaptability amid COVID-19, emphasizing the growth in professional services and processing revenues. However, despite this revenue increase, income from operations fell to $1.465 million, down from $2.379 million in the previous year. The company also repurchased $2.7 million in shares and expects a positive outlook with anticipated licensing revenue in the second half of 2021.
Intelligent Systems Corporation (NYSE American: INS) will hold an investor conference call on May 4, 2021 at 11:00 A.M. Eastern Time, coinciding with its earnings release for Q1 2021. The financial results will be disclosed before the market opens on the same day. Investors can join the call via webcast or by phone. A question-and-answer session will follow, with participants invited to submit questions via email. A transcript will be available on the company's website after the call. For over 35 years, Intelligent Systems has delivered credit technology solutions to various markets.
