Welcome to our dedicated page for INS news (Ticker: INS), a resource for investors and traders seeking the latest updates and insights on INS stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect INS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of INS's position in the market.
Intelligent Systems Corporation (NYSE American: INS) announced an investor conference call scheduled for August 4, 2020, at 11:00 A.M. EST. This call will coincide with the earnings release for the quarter ending June 30, 2020, which will be published before market opening on the same day. Investors can participate by calling (855) 766-6518 and using conference ID 7497490. A transcript of the call will be made available on the company’s website post-event. The company has over 35 years of experience in the financial technology sector, primarily through its subsidiary CoreCard Software.
Intelligent Systems Corporation (NYSE American: INS) has nominated Elizabeth W. “Betsy” Camp for election as an independent Director, to be considered at the August 6, 2020 Annual Meeting. Camp is the CEO of DF Management, Inc., with extensive experience in executive roles, including her time as CEO of Camp Oil Company. Leland Strange, Chairman and CEO, expressed confidence in Camp’s financial and legal expertise enhancing the board's effectiveness. Proxy materials for the nomination have been filed with the SEC.
Intelligent Systems Corporation (NYSE American: INS) reported financial results for Q1 2020, achieving revenues of $7.9 million, a 13.3% increase year-over-year. Professional services and processing revenues were key contributors, despite license revenue falling to zero from $800,000 in Q1 2019. Net income dropped to $1.0 million compared to $2.1 million in the previous year, largely due to $1.05 million in investment losses linked to the COVID-19 pandemic. The company remains focused on customer needs while navigating economic uncertainty.
