Intrusion Q3 2022 revenue $2.2M (+21% YoY), net loss narrows to $2.9M

INTRUSION INC

2022-Q3 EPS reported -$0.57 revenue$6,085,000

Revenue $2.2M, up 7% QoQ and 21% YoY; gross margin 54.6% vs 48.4% in Q3 2021.
Net loss ($2.9M) or ($0.15)/share, improved from ($6.1M) or ($0.34)/share in prior year.
Shield revenue +70% YoY; new Shield Cloud and Shield Endpoint products reached GA in Q3.
Cash and equivalents $6.9M at Sept 30, 2022, up from $4.1M at Dec 31, 2021.
Raised $4M via securities purchase agreement during Q3 to improve financial flexibility.

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

INTRUSION INC reported the third quarter of fiscal year 2022 (quarter ended September 30, 2022) results: revenue $2.2 million, net income ($2.9) million, EPS ($0.15) per share.

Period: the third quarter of fiscal year 2022 (quarter ended September 30, 2022)
Revenue: $2.2 million
Net income: ($2.9) million
EPS: ($0.15) per share
Result: reported results

Exact text from the filing

Revenue for the third quarter of 2022 was $2.2 million

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

INTRUSION INC filing history →

Source: SEC EDGAR

accession 0001683168-22-007252

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