Intellicheck Inc reports results for the quarter ended in June - Earnings Summary

Intellicheck

08/08/2024 23:14

* Intellicheck Inc  IDN.OQ  reported a quarterly adjusted
loss of
1 cent​​ per share for the quarter ended in June, higher than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of four analysts for the quarter
was for a loss of 2 cents per share. Wall Street expected
results to range from -2 cents to -1 cents per share.
    * Revenue fell 0.9% to $4.67 million from a year ago;
analysts
expected $5.00 million. 
    * Intellicheck Inc's reported EPS for the quarter was a loss
of 1
cent​.
    * The company reported a quarterly loss of $127 thousand.
    * Intellicheck Inc shares had fallen by 17.8% this
quarter and
gained 47.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 28.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is  "hold."

Wall Street's median 12-month price target for Intellicheck Inc
is $4.50 
This summary was machine generated from LSEG data August 8 at
10:14 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.02          -0.01          Beat
 Mar. 31 2024      -0.05          -0.02          Beat
 Dec. 31 2023      0.00           0.04           Beat
 Sep. 30 2023      -0.02          -0.03          Missed