Intellicheck Q3 revenue $4.76M (+19% YoY); net loss narrows to $644K

Intellicheck, Inc.

2023-Q3 EPS reported -$0.14 revenue$13,730,000

Total revenue of $4.76M, up 19% from $4.01M; SaaS revenue record $4.64M, up 17%.
Net loss ($644K) or ($0.03) per diluted share, improved from ($724K) or ($0.04) in Q3 2022.
Adjusted EBITDA was ($271K) vs positive $75K in the prior-year quarter.
Gross profit margin held at 91.0%; cash and short-term investments totaled $8.9M.
CEO cited expansion beyond banking into real estate, automotive, and digital validation.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Intellicheck, Inc. reported third quarter ended September 30, 2023 results: revenue $4,760,000, net income ($644,000), EPS ($0.03) per diluted share.

Period: third quarter ended September 30, 2023
Revenue: $4,760,000
Net income: ($644,000)
EPS: ($0.03) per diluted share
Result: preliminary results

Exact text from the filing

Intellicheck Announces Record Third Quarter 2023 Financial Results SaaS Revenues Grew 17% Year Over Year MELVILLE, NY – November 8, 2023 - Intellicheck, Inc . (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation solutions, today announced its financial results for the third quarter ended September 30, 2023. Total revenue for the third quarter ended September 30, 2023 grew 19% to $4,760,000 compared to $4,012,000 in the same period of 2022.

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Intellicheck, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-037830

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