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INTZ Intrusion News Story

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Cybersecurity firm Intrusion Q3 revenue climbs on expanded U.S. defense department contracts

Overview

Intrusion Q3 revenue grows 31% yr/yr

Company posts net loss of $2.1 mln, flat compared to prior year

Intrusion launches Shield Cloud on AWS Marketplace, aiming for long-term growth

Outlook

Intrusion anticipates further adoption of Shield Endpoint product in coming quarters

Intrusion sees AWS Marketplace launch as milestone for long-term growth

Result Drivers

DEFENSE CONTRACT - Revenue growth driven by contract expansion with U.S. Department of Defense for infrastructure solutions

AWS MARKETPLACE LAUNCH - Launch of Intrusion Shield Cloud on AWS Marketplace seen as milestone for long-term growth

SHIELD ENDPOINT MOMENTUM - Strong momentum for Shield Endpoint product from PortNexus contributing to growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$1.97 mln$1.91 mln (2 Analysts)
Q3 EPS-$0.10
Q3 Net Income-$2.09 mln
Q3 Gross Margin77.00%
Q3 Gross Profit$1.51 mln
Q3 Operating Income-$2.14 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the it services & consulting peer group is "buy" Wall Street's median 12-month price target for Intrusion Inc is $7.00, about 74.4% above its November 10 closing price of $1.79 Press Release: ID:nACSt0KSRa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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