Intrusion Q4 EPS $(0.09) Beats $(0.11) Estimate, Sales $1.37M Miss $1.64M Estimate
Portfolio Pulse from dijoy@benzinga.com
Intrusion (NASDAQ:INTZ) reported Q4 earnings with losses of $(0.09) per share, surpassing the $(0.11) estimate, marking an 18.18% beat and a 64% improvement year-over-year. However, their quarterly sales of $1.37M fell short of the $1.64M estimate by 16.71%, representing a 5.40% decrease from the previous year.
March 26, 2024 | 9:00 pm
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NEUTRAL IMPACT
Intrusion reported better-than-expected Q4 EPS but missed sales estimates, showing mixed financial health.
The better-than-expected EPS could be seen positively by investors as it indicates an improvement in profitability and efficiency compared to the previous year. However, the miss on sales estimates could raise concerns about the company's revenue growth and market demand for its products. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100