Intrusion Q2 2024 GAAP EPS $(0.53) Beats $(0.55) Estimate, Sales $1.46M Beat $1.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intrusion (NASDAQ:INTZ) reported Q2 2024 GAAP EPS of $(0.53), beating the estimate of $(0.55). Sales were $1.46M, surpassing the $1.18M estimate. This represents a 0.54% decrease from the same period last year.
August 13, 2024 | 8:15 pm
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Intrusion (NASDAQ:INTZ) reported better-than-expected Q2 2024 results with GAAP EPS of $(0.53) beating the $(0.55) estimate and sales of $1.46M surpassing the $1.18M estimate. However, sales decreased by 0.54% compared to the same period last year.
The better-than-expected EPS and sales figures are likely to have a positive short-term impact on INTZ's stock price. Despite a slight year-over-year sales decline, the market is expected to react favorably to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100