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.
Intrusion Inc. (NASDAQ: INTZ) is a Plano, Texas-based cybersecurity company focused on advanced threat intelligence and cyberattack prevention. This news page aggregates press releases and media coverage related to Intrusion’s business, products, contracts, and financial performance, giving readers a centralized view of developments that affect the company and its stock.
According to Intrusion’s public announcements, the company’s core capabilities center on its TraceCop threat intelligence database and the Intrusion Shield platform, which is designed to detect and block malicious and unknown network connections in real time. Recent news has highlighted the expansion of the Shield ecosystem, including Shield Cloud availability in AWS Marketplace and the launch of Shield Stratus, a cloud-native packet filtering solution that integrates with AWS Gateway Load Balancer.
Investors and analysts following INTZ can use this page to review company-reported quarterly results, commentary on sequential revenue trends, and updates on contracts such as Intrusion’s work with the U.S. Department of Defense. Releases also cover topics like additional DoD funding for research, OT Defender, Shield, and analytical services, as well as the company’s participation in investor conferences and webcasts.
For those tracking cybersecurity trends and Intrusion’s role in reputation-based enforcement, the news feed provides ongoing insight into product enhancements, cloud security initiatives, and management’s stated priorities around growth and profitability. Bookmark this page to quickly access the latest official announcements, earnings press releases, and event notices related to Intrusion Inc. and the INTZ stock.
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.
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Intrusion, Inc. (NASDAQ:INTZ) has announced a significant multi-year reseller agreement with InnerCore Technologies to provide its cybersecurity solution, Intrusion Shield, to a major hospitality company. This partnership will generate annual recurring revenue for Intrusion until at least 2025. The Intrusion Shield solution is designed to combat evolving cybersecurity threats in the hospitality sector, enhancing network security and customer experience. The collaboration highlights the accuracy and effectiveness of Intrusion Shield in preventing cyberattacks, establishing a strong foothold in the industry.
Intrusion Inc. (NASDAQ:INTZ) announced the resignation of Chief Financial Officer, Franklin Byrd, effective May 30, 2022. The decision was not due to disagreements on strategy or financial irregularities. Byrd will assist the company during the transition period. CEO Tony Scott praised Byrd for his contributions in enhancing management and financial discipline. Intrusion specializes in cybersecurity solutions, notably offering Intrusion Shield, which employs a Zero Trust approach to protect networks from cyber threats, including Zero-Day and ransomware attacks.
Intrusion Inc. (NASDAQ:INTZ) reported its first-quarter results for fiscal 2022, with revenue of $1.8 million, consistent with the previous year. The company's INTRUSION Shield product revenue increased by 7% sequentially, accounting for 12% of overall revenue. Operating expenses were stable at $5.2 million, but the net loss widened to $4.1 million or ($0.21) per share. Cash reserves stood at $6.1 million. New product developments are on track for demo in Q2, aiming for full deployment in the latter half of 2022.
INTRUSION Inc. (NASDAQ:INTZ), a cybersecurity leader, is set to announce its first quarter fiscal year 2022 financial results on May 12, 2022, after market close. A conference call led by CEO Tony Scott and CFO Franklin Byrd will take place at 5:00 p.m. EDT to discuss these results. Interested parties can access the call via teleconference or through the company’s investor relations website. INTRUSION specializes in cyberattack prevention solutions, leveraging a unique threat intelligence database.
Intrusion Inc. (NASDAQ: INTZ) reported its fourth quarter and full year results for 2021, with revenues of $1.6 million in Q4, unchanged year-over-year, and annual revenue of $7.3 million, reflecting a 10% increase. The gross profit margin improved to 65% in Q4 compared to 58% in Q4 2020, primarily due to INTRUSION Shield sales. However, the company faced a net loss of $3.9 million in Q4 and $18.8 million for the year. Intrusion implemented an executive-led sales strategy to boost growth and has engaged in 18 proof of concept demos for its Shield product, which is expanding to cloud and endpoint solutions.
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