Intellicheck reports record Q1 revenue up 10% YoY, net loss narrows to $0.02 per share

Intellicheck, Inc.

2024-Q1 EPS reported -$0.02 revenue$4,680,000

Revenue of $4.68M, up 10% YoY ($4.25M); SaaS revenue $4.61M (+9%).
Net loss improved to $442K ($0.02/diluted share) from $1.39M ($0.07).
Adjusted EBITDA loss narrowed to $117K from $558K in Q1 2023.
Operating expenses down 10% to $4.77M; gross margin 90.7% vs 92.2%.
Cash and equivalents $9.2M; stockholders' equity $17.2M.

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 0.95

Intellicheck, Inc. reported first quarter ended March 31, 2024 results: revenue $4,680,000, net income ($442,000), EPS ($0.02) per diluted share.

Period: first quarter ended March 31, 2024
Revenue: $4,680,000
Net income: ($442,000)
EPS: ($0.02) per diluted share
Result: reported results

Exact text from the filing

validation solutions, today announced its financial results for the first quarter ended March 31, 2024. Total revenue for the first quarter ended March 31, 2024 grew 10% to $4,680,000 compared to $4,254,000 in the same period of 2023. SaaS revenue grew 9% and totaled $4,609,000 compared to $4,228,000 in the same period of 2023. “Unrelenting incidents of

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Source: SEC EDGAR

accession 0001628280-24-022878

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