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.
PLANO, TX / ACCESSWIRE / March 1, 2023 / INTRUSION Inc. (NASDAQ:INTZ) will announce its fourth quarter and full year 2022 financial results on March 6, 2023, post market close. CEO Tony Scott and CFO Kimberly Pinson will lead a conference call at 5:00 p.m. EDT to discuss these results. Interested parties can join via a live teleconference at +1-888-330-2041 or through the investor relations website. The call will also be available for replay until March 13, 2023. INTRUSION specializes in cyberattack prevention solutions, leveraging a vast threat intelligence database to enhance security for its clients.
Intrusion, Inc (NASDAQ:INTZ) has partnered with Carahsoft Technology Corp. to enhance its market presence in the Public Sector. Carahsoft will act as the Master Government Aggregator, making Intrusion's Shield cybersecurity products available through various reseller partners. This partnership aims to bolster government agencies' Zero Trust strategies by offering advanced protection against cyber threats, including zero-days. Intrusion Shield encompasses on-premise protection, cloud security, endpoint protection, and cyber threat consulting. This collaboration is expected to improve cybersecurity infrastructure across federal, state, and local agencies.
Intrusion Inc. (NASDAQ:INTZ) reported third quarter 2022 revenue of $2.2 million, a 21% increase year-over-year and a 7% increase sequentially. The revenue from the new Intrusion Shield products surged by 70% year-over-year. Operating expenses decreased to $5.0 million from $7.0 million in the prior year, while the net loss narrowed to ($2.9) million, or ($0.15) per share. Cash reserves improved to $6.9 million as of September 30, 2022. The company maintains a robust outlook for cybersecurity investments despite macroeconomic challenges.
Intrusion, Inc. (NASDAQ:INTZ) has announced a partnership with vTech Solution, a managed IT services firm based in Washington D.C., aimed at enhancing Intrusion's cybersecurity offerings. This collaboration focuses on proactive security measures, enabling vTech to leverage Intrusion's advanced threat identification software and its extensive incident database. The partnership is expected to expand Intrusion's market reach, supported by vTech's operations across 40 U.S. states and several countries. Both companies aim to improve cybersecurity for state and local government enterprises.
INTRUSION Inc. (NASDAQ:INTZ) will release its Q3 fiscal 2022 financial results on November 3, 2022, post-market close. A conference call hosted by CEO Tony Scott and CFO Kimberly Pinson is scheduled for 5:00 p.m. EDT to discuss these results. The call can be accessed via teleconference or through a live webcast on the investor relations website, with replay options available until November 10, 2022. INTRUSION specializes in cybersecurity solutions, providing a unique threat intelligence database with data on over 8.5 billion IP addresses to enhance network security.
Intrusion, Inc. (NASDAQ:INTZ) announced the commercial launch of its new Intrusion Shield Cloud and Shield Endpoint products, enhancing its Shield solutions portfolio. The Shield Cloud extends its Global Threat Engine to IaaS, PaaS, SaaS, and serverless resources, offering Zero Trust access and protection for virtual hosts. The Shield Endpoint secures remote workers and devices, implementing a Zero Trust framework for both internal and external connections. CEO Tony Scott highlighted the increasing customer demand for these advanced cybersecurity solutions, supporting the company's strategic growth in the hybrid and cloud markets.
Intrusion, Inc. (NASDAQ:INTZ) has partnered with OneSmartLaboratory to implement Intrusion Shield for securing Intelligent Laboratory Automation (ILA) operations. This solution protects medical lab connectivity from cyber threats, ensuring compliance with HIPAA regulations. CEO Tony Scott emphasized the rising ransomware threats targeting medical labs, making this partnership crucial for protecting patient data and operational integrity. OneSmartLaboratory's CTO applauded Intrusion's AI-driven cybersecurity capabilities, reaffirming the latter's role as a key provider for ILA cybersecurity.
Intrusion Inc. (NASDAQ:INTZ) reported second-quarter financial results for fiscal year 2022, achieving revenue of $2.1 million, a 12% sequential increase and 5% year-over-year. The newly launched Intrusion Shield product saw a remarkable 69% sequential and 139% year-over-year revenue increase, constituting 16% of total sales. The company improved its financial position by closing an additional $5.4 million in unsecured notes. Despite a net loss of $4.1 million or ($0.21) per share, this marks a reduction from the previous year's loss of ($0.28) per share.
INTRUSION Inc. (NASDAQ:INTZ) will announce its second quarter financial results for fiscal 2022 on August 4, 2022, after market close. The conference call, hosted by CEO Tony Scott and CFO Kimberly Pinson, is scheduled for 5:00 p.m. EDT. Interested parties can join the call via the conference number provided or access it through the investor relations website. The company emphasizes its innovative Intrusion Shield product, which enhances cybersecurity for businesses by blocking malicious connections.
Intrusion, Inc. (NASDAQ:INTZ) has appointed Kim Pinson as Chief Financial Officer, effective June 27, 2022. With over 25 years of experience in finance across various sectors, including technology and healthcare, she was previously CFO at NetFortris and EndoStim. CEO Tony Scott expressed confidence in her ability to aid in strategic planning and capital raising efforts. Ms. Pinson aims to drive transformation and capitalize on opportunities in the growing cybersecurity market, leveraging Intrusion's unique threat intelligence database and Intrusion Shield product.