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

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

Intrusion Price Performance

INTZ stock traded down $0.19 during trading on Friday, reaching $0.90. 517,282 shares of the stock traded hands, compared to its average volume of 4,000,650. The business’s 50 day moving average price is $1.94 and its 200-day moving average price is $1.22. Intrusion has a 52-week low of $0.35 and a 52-week high of $7.34. The firm has a market capitalization of $15.11 million, a PE ratio of -0.47 and a beta of -0.63.

Analysts Set New Price Targets

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

Intrusion Company Profile

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.