Intrusion Inc. (INTZ) Q3 2024 Earnings Call Transcript Summary
Intrusion Inc. (INTZ) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Intrusion Inc. (INTZ) Q3 2024 Earnings Call Transcript:
以下是Intrusion Inc. (INTZ) 2024年第三季度業績會的摘要:
Financial Performance:
財務表現:
Intrusion Inc. reported Q3 2024 revenues of $1.5 million, marking a 3% sequential increase and a 2% year-over-year increase.
Shield revenue contributed significantly to this growth, with a 49% sequential increase, largely driven by a new U.S. Department of Defense contract.
Operating expenses were reported at $3.2 million, showing a slight sequential increase but a decrease from the previous year's same quarter.
The gross profit margin remained healthy at 77%, showing a slight increase from the previous quarter.
The net loss for the quarter improved by $1.1 million year-over-year to $2.1 million, attributed to lower operating expenses and reduced interest charges.
Intrusion Inc.報告2024年第三季度營業收入爲150萬美元,環比增長3%,同比增長2%。
Shield業務收入對這一增長做出了重大貢獻,環比增長49%,主要受到一項新的美國國防部合同的推動。
營業費用爲320萬美元,較上一季度略有增加,但與去年同期相比有所下降。
毛利潤率保持健康水平,爲77%,較上一季度略有增加。
季度淨虧損同比改善110萬美元至210萬美元,歸因於較低的營業費用和減少的利息費用。
Business Progress:
業務進展:
Intrusion signed an additional seven new Shield logos, bringing the total to 18 for the year, with nearly zero churn from Shield customers.
Expanded two contracts with existing customers due to positive experiences with the technology.
Strong demand noted in the Philippines and the broader Asia Pacific region, with growing high-quality opportunities expected to close in upcoming quarters.
Engaged in several promising proof of concepts (POCs) with large enterprise customers in the U.S., anticipated to convert into bookings.
Continued investment in product development, adding new capabilities to enhance the efficacy and value of cybersecurity solutions.
Intrusion簽署了額外的七個新Shield標識,今年共計達到18個,幾乎沒有來自Shield客戶的流失。
由於客戶對該技術的積極體驗,已經與現有客戶擴大了兩份合同。
在菲律賓和更廣泛的亞太地區需求旺盛,預計未來幾個季度將有增長的高質量機會閉幕。
已與美國幾家大型企業客戶進行了幾項有前景的概念驗證(POC),預計將轉化爲訂單。
繼續投資於產品開發,增加新功能以提升網絡安全解決方案的效力和價值。
Opportunities:
機會:
Increased presence and positive reputation in the Asia Pacific region open up further market expansion and new customer engagements.
The cybersecurity challenges faced globally present ongoing demand for Intrusion's cybersecurity solutions, particularly as institutions increase their investments in securing operations.
在亞太地區擴大存在和良好聲譽進一步打開市場擴張和新客戶互動。
全球面臨的網絡安全挑戰持續推動對Intrusion的網絡安全解決方案需求,特別是隨着機構增加在確保運營安全方面的投資。
Risks:
風險:
The company received a written notice from NASDAQ about non-compliance with the $1 minimum bid price requirement, which poses a risk to its continued listing.
Dependence on significant contracts, like the U.S. Department of Defense, poses a concentration risk.
公司收到了一份來自納斯達克關於不符合1美元最低買盤價格要求的書面通知,這對其繼續上市構成了風險。
依賴重要合同,如美國國防部,構成了集中風險。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。