Intrusion Q3 EPS $(0.14) Misses $(0.11) Estimate, Sales $1.47M Miss $1.98M Estimate
Portfolio Pulse from bharat@benzinga.com
Intrusion Inc. (INTZ) reported a Q3 EPS loss of $(0.14), missing the $(0.11) estimate, and sales of $1.47M, falling short of the $1.98M estimate. This reflects a 27.27% miss on EPS and a 25.86% miss on sales estimates, with a 33.03% decrease in sales compared to the same period last year.

November 14, 2023 | 9:34 pm
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NEGATIVE IMPACT
Intrusion Inc. (INTZ) reported a larger-than-expected quarterly loss and a significant sales decline compared to estimates and the previous year's figures.
INTZ's reported earnings and sales significantly missed analyst estimates, which is likely to negatively impact investor sentiment and the stock price in the short term. The miss on both fronts indicates potential underlying issues that could concern investors, such as lower demand for the company's products or services, operational challenges, or competitive pressures. Given the magnitude of the miss and the year-over-year decline in sales, the negative impact on the stock is expected to be substantial.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100