Welcome to our dedicated page for Intrusion news (Ticker: INTZ), a resource for investors and traders seeking the latest updates and insights on Intrusion stock.
Company Overview
Intrusion Inc. (NASDAQ: INTZ), headquartered in Plano, Texas, is a cybersecurity company dedicated to providing robust, advanced threat intelligence and network security solutions. The company leverages a vast database containing historical data, known associations, and reputational behavior of billions of IP addresses, enabling organizations to identify, deflect, and mitigate cyber threats rapidly. With a focus on integrating Zero Trust security models and AI-driven insights, Intrusion Inc. delivers a range of products and services that serve federal, state, and local government agencies as well as large diversified conglomerates and manufacturing entities.
Core Business Segments and Product Suite
Intrusion Inc. operates across multiple segments, including on-premise network protection, cloud network security, endpoint protection, and cyber threat consulting. Its main products are designed to offer layered security measures:
- Intrusion Shield: A comprehensive security solution enabling businesses to incorporate a reputation-based, Zero Trust framework within their current infrastructure. This product observes network traffic and promptly blocks malicious or suspicious connections, thereby deterring zero-day exploits and ransomware attacks.
- Intrusion TraceCop: Focused on providing forensic and incident response capabilities, this tool assists in tracking the origins and pathways of network intrusions.
- Intrusion Savant: This solution augments security decision-making by delivering actionable insights and analytics derived from its expansive threat intelligence database.
Technology and Innovation
At the heart of Intrusion Inc.'s technical framework is its exclusive threat intelligence database, which aggregates data from over 8.5 billion IP addresses. This deep repository empowers the company's security solutions to adopt a proactive approach against cyberattacks. The integration of AI in products like the Intrusion Shield Command Hub enhances network visibility, simplifies large-scale monitoring, and delivers data-driven insights through interactive visualizations such as maps, graphs, and charts. This intelligent system not only identifies potential risks in real time but also prioritizes actionable responses, thereby ensuring that both seasoned security experts and newcomers can manage complex networks efficiently.
Market Position and Competitive Landscape
Intrusion Inc. has positioned itself strategically within the highly competitive cybersecurity industry. With a product suite that caters to both government and enterprise markets, the company differentiates itself through its patent-strengthened threat intelligence and a commitment to integrating Zero Trust methodologies in its products. Its client base, which includes U.S. federal agencies and major commercial entities, underscores its reputation for reliability and security. The firm’s approach to blending conventional cybersecurity strategies with innovative AI-driven insights allows it to stand apart from competitors, addressing the evolving challenges posed by modern cyber threats in a dynamic digital landscape.
Operational Excellence and Revenue Model
Intrusion Inc. generates revenue through a variety of channels, including direct sales, subscription models for continuous threat monitoring, and consulting services. This diversified revenue model supports both recurrent and project-based income, ensuring flexibility in addressing customer needs across different sectors. The company’s emphasis on high-quality, real-time cybersecurity analytics and its ability to integrate seamlessly into existing IT infrastructures have proven particularly valuable for organizations requiring rapid deployment and reliable threat detection.
Integration with Existing Security Architectures
A key element of Intrusion Inc.'s value proposition is its capability to serve as an integral component of broader cybersecurity architectures. For instance, incorporating Intrusion Shield into a network not only enhances direct protection but also improves the performance and decision-making acumen of other security tools. This synergy enables organizations to build a cohesive defense strategy that is both agile and resilient, addressing vulnerabilities before they can be exploited.
Industry Expertise and Customer Focus
Over the years, Intrusion Inc. has refined its offerings through extensive collaborations with government bodies and industry leaders. This experience has cemented its expert status within the cybersecurity domain. The company’s products are engineered with a clear understanding of the digital threat landscape, ensuring that each solution is tailored to meet the intricate demands of protecting large-scale networks. While the technology is sophisticated, its user-friendly interfaces and detailed reporting mechanisms make it accessible to a broad spectrum of IT professionals.
Summing Up
In summary, Intrusion Inc. encapsulates an innovative blend of advanced threat intelligence, integrated cybersecurity solutions, and industry-specific expertise. Its strategic focus on deploying comprehensive, Zero Trust security measures through products that combine real-time analytics with proactive defenses positions the company as a reliable choice for organizations striving to secure their networks against an ever-evolving array of cyber threats. Whether it is through on-premise solutions, cloud network protection, or extensive consulting services, Intrusion Inc. remains committed to advancing cybersecurity to meet the rigorous standards of today’s digital age.
Intrusion Inc. (NASDAQ:INTZ) reported its Q4 and full-year 2024 financial results, showing sequential revenue growth and improved financial health. Q4 revenue reached $1.7 million, up 11% sequentially, with a 75% gross profit margin. The company reduced its Q4 net loss to $(2.0) million, or $(0.36) per share, compared to $(2.8) million in Q4 2023.
Full-year 2024 revenue was $5.8 million, with a 77% gross margin. The company secured 20 new Intrusion Shield customers and a significant U.S. Department of Defense contract. Recent balance sheet improvements yielded $14.5 million in proceeds and eliminated $10.1 million in Series A Preferred Stock. The company expanded its portfolio with Shield Sentinel and Command Hub products.
Intrusion Inc. (NASDAQ:INTZ), a cyberattack prevention solutions provider, has scheduled the release of its fourth quarter and full year 2024 financial results for Thursday, February 27, 2025, after market close. The company will host a conference call at 5:00 p.m. Eastern Time, featuring CEO Tony Scott and CFO Kimberly Pinson to discuss the financial results.
The conference call will be accessible via teleconference, with toll-free access for U.S. participants at +1-888-506-0062 and international access at +1-973-528-0011 (Access Code: 764080). A replay will be available through March 13, 2025, accessible by dialing +1-877-481-4010 (U.S.) or +1-919-882-2331 (International) with passcode 51802.
Intrusion Inc. (NASDAQ:INTZ) has strengthened its financial position through multiple transactions that generated $14.5 million in proceeds and eliminated $10.1 million in Series A Preferred Stock. The key transactions include:
- $0.3 million from Warrant Inducement Plan
- $1.7 million from Standby Equity Purchase Agreement
- $5.0 million from ATM program stock sales
- $7.5 million from registered direct offering
Additionally, the company exchanged 9,025 shares of Series A Preferred Stock (valued at $9.9 million) for 3,454 thousand common shares. The company plans to use these proceeds for general corporate purposes, including debt repayment, working capital, and potential acquisitions. According to CEO Tony Scott, this improved financial position eliminates the need for additional capital raising in 2025.
Intrusion Inc. (NASDAQ:INTZ) has announced a $7.5 million registered direct offering, comprising 653,000 shares of common stock at $3.05 per share and 1,806,016 prefunded warrants at $3.0499 each. The prefunded warrants are immediately exercisable at $0.0001 per share.
The transaction, expected to close around January 7, 2025, involves a single institutional investor. The company plans to use the proceeds for general corporate purposes, including debt repayment, working capital, capital expenditures, and potential acquisitions.
CEO Tony Scott highlighted that this transaction, combined with recent conversions of Preferred Series A stock to common stock and funds from ATM and SEPA arrangements, should provide sufficient capital through fiscal year 2025 and beyond, eliminating the need for additional capital raising in 2025.
Intrusion Inc. (NASDAQ:INTZ) has launched Shield Sentinel, a high-performance network monitoring appliance designed for large enterprises and carriers. The solution offers full Lambda monitoring of fiber trunks at speeds up to 100 Gbps bidirectional, comprehensive DNS monitoring, and advanced forensic analysis capabilities.
The platform features continuous DNS and traffic flow logging, detailed PCAP capture, and protocol decoding, with data output in CSV format for seamless integration into existing security operations. Shield Sentinel has already been successfully deployed through a recently signed customer contract.
The solution aims to enhance threat hunting, streamline compliance, and strengthen network defense by providing extensive historical data logging and comprehensive traffic monitoring capabilities.
Intrusion Inc. (NASDAQ:INTZ) has launched the Shield Command Hub, a centralized platform for managing Shield products including Endpoint, OnPremise, and Cloud solutions. The hub's key feature is an AI-driven insights engine that analyzes network activity and provides prioritized actionable items. The platform offers comprehensive network monitoring, threat detection, and visualization tools suitable for both expert and novice users.
The Command Hub features real-time threat reporting, geographic threat mapping, high-risk category analysis, and domain tracking. It presents data through interactive maps, graphs, and charts, allowing customization by time intervals, device types, and users. The AI engine provides multiple abstraction layers for visibility from individual devices to customer-wide summaries.
Intrusion Inc. (NASDAQ:INTZ) reported Q3 2024 financial results, highlighting a 49% sequential increase in Intrusion Shield revenue. The company secured a $2.0 million contract with the U.S. Department of Defense for cybersecurity services. Total revenue reached $1.5 million, up 3% sequentially. The company maintained a 77% gross profit margin and reduced its net loss to $(2.1) million, or $(0.35) per share, compared to $(3.2) million in Q3 2023. Intrusion signed 7 new Shield logos during Q3, bringing the year-to-date total to 18, with zero customer churn. Cash and cash equivalents stood at $1.1 million as of September 30, 2024.
Intrusion Inc. (NASDAQ:INTZ) announced that James F. Gero will retire from its Board of Directors effective November 20, 2024. Gero, who served on the board since October 2003, was Chairman of the Compensation Committee and a member of the Audit Committee. As the company's longest-serving Director over a 21-year tenure, he played a important role in navigating complex challenges. Following his retirement, the board size will reduce from six to five members until a replacement is identified. The company has initiated a search for qualified candidates to fill the position.
Intrusion Inc. (NASDAQ:INTZ), a cyberattack prevention solutions provider, will release its third quarter 2024 financial results on Tuesday, November 12, 2024, after market close. CEO Tony Scott and CFO Kimberly Pinson will host a conference call at 5:00 p.m. Eastern Time to discuss the results. A telephone replay will be available through November 26, 2024.
Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, has announced a business update call scheduled for October 9, 2024, at 4:15 p.m. Eastern Daylight Time. The call will provide a corporate update on Intrusion's continued customer traction, recent business activities, and review the Company's preliminary revenue results for the third quarter ended September 30, 2024.
CEO Tony Scott and CFO Kimberly Pinson will be participating in the call. Analysts and investors can join via teleconference using the following details:
- United States (Toll-Free): +1-888-506-0062
- International: +1-973-528-0011
- Access Code: 147785
A webcast registration link is also provided. A telephone replay will be available until October 23, 2024, accessible by dialing +1-877-481-4010 (US) or +1-919-882-2331 (International) with passcode 51394.
FAQ
What is the current stock price of Intrusion (INTZ)?
What is the market cap of Intrusion (INTZ)?
What are the primary products offered by Intrusion Inc.?
How does Intrusion Inc. generate its revenue?
Who are the typical customers of Intrusion Inc.?
What differentiates Intrusion Inc. from its competitors?
Can Intrusion Shield be integrated with existing cybersecurity architectures?
What role does AI play in Intrusion Inc.'s solutions?
Which industries does Intrusion Inc. primarily serve?
How does the company’s threat intelligence database enhance security?
