Intrusion (NASDAQ:INTZ) Releases Earnings Results, Misses Estimates By $0.13 EPS

Intrusion (NASDAQ:INTZ) released its quarterly earnings results on Thursday. The company reported ($0.36) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.13), Zacks reports. The company had revenue of $1.68 million during the quarter, compared to analyst estimates of $2.03 million.

Intrusion Stock Performance

Shares of NASDAQ:INTZ opened at $0.85 on Friday. The company has a market cap of $14.35 million, a PE ratio of -0.45 and a beta of -0.63. Intrusion has a 52 week low of $0.35 and a 52 week high of $7.34. The firm has a 50 day simple moving average of $1.95 and a 200 day simple moving average of $1.22.

Analyst Ratings Changes

INTZ has been the subject of several research analyst reports. HC Wainwright restated a “neutral” rating and issued a $1.00 price target on shares of Intrusion in a research report on Wednesday, November 13th. Ascendiant Capital Markets reduced their price target on shares of Intrusion from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, December 4th.

About Intrusion

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections.