earnings
confidence high
sentiment positive
materiality 0.80
Intrusion Inc. reports Q4 and full year 2024 results; raises $14.5M and eliminates $10.1M preferred stock
INTRUSION INC
2024-FY EPS reported
-$1.63
revenue$5,771,000
- Raised $14.5M through stock sales and eliminated $10.1M notional value of Series A Preferred Stock
- Revenue in Q4 2024 was $1.7M, up 11% sequentially; full year revenue $5.8M
- Net loss improved to $(2.0)M in Q4 2024 from $(2.8)M a year ago; full year net loss $(7.8)M vs $(13.9)M
- Signed 20 new Intrusion Shield logos and won a U.S. Department of Defense contract for Shield and consulting
- Launched Intrusion Shield Sentinel and Command Hub products using AI for cybersecurity