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

Intellicheck

13/05/2024 23:12

* Intellicheck Inc  IDN.OQ  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of -7 cents.  The mean expectation of four analysts for the
quarter was for a loss of 5 cents per share. Wall Street
expected results to range from -8 cents to -3 cents per share.
    * Revenue rose 10% to $4.68 million from a year ago;
analysts
expected $4.36 million. 
    * Intellicheck Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The company reported a quarterly loss of $442 thousand.
    * Intellicheck Inc shares had fallen by 11.5% this
quarter and
gained 62.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 86.7%
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 May 13 at
10:12 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
 Mar. 31 2024      -0.05          -0.02          Beat
 Dec. 31 2023      0.00           0.04           Beat
 Sep. 30 2023      -0.02          -0.03          Missed
 Jun. 30 2023      -0.05          -0.04          Beat