Earnings Call Summary | Intellicheck(IDN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Intellicheck(IDN.US) Q1 2024 Earnings Conference
The following is a summary of the Intellicheck, Inc. (IDN) Q1 2024 Earnings Call Transcript:
以下是Intellicheck, Inc.（IDN）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Intellicheck reported a 10% increase in Q1 2024 revenues to $4,680,000, driven by a 9% increase in SaaS revenue representing 98% of total revenue.
The gross profit margin remained strong at 90.7% for Q1 2024.
Despite Q1 2024 net loss of $442,000, this represents a $945,000 improvement from Q1 2023.
Adjusted EBITDA increased by $441,000 or 79% for Q1 2024.
Intellicheck reported a healthy balance sheet with a strong cash and short-term investments balance of $9.2 million.
The company anticipates maintaining year-end headcount at 2022 levels and projects 2024 gross margins of approximately 90% to 91%.
Intellicheck報告稱，2024年第一季度收入增長了10％，達到468萬美元，這得益於SaaS收入增長了9％，佔總收入的98％。
2024年第一季度的毛利率保持強勁，爲90.7％。
儘管2024年第一季度淨虧損44.2萬美元，但這比2023年第一季度增長了94.5萬美元。
2024年第一季度調整後的息稅折舊攤銷前利潤增長了44.1萬美元，增長了79％。
Intellicheck報告了健康的資產負債表，現金和短期投資餘額爲920萬美元。
該公司預計將年終員工人數維持在2022年的水平，並預計2024年的毛利率約爲90％至91％。
Business Progress:
業務進展：
Intellicheck reported growth in SaaS revenues and improvement in adjusted EBITDA, net income, and EPS.
Through entry into the educational sector and partnership with an international social media company, Intellicheck is diversifying end-use markets and client base.
The company noted marketing efforts will boost in 2024, focusing on tradeshows and regional conferences.
Implementations of Intellicheck's technology are scheduled by the top three banks in Q4 2024, further expanding its client portfolio.
Intellicheck continues to target improved efficiency, with an 810 basis point decrease in adjusted operating expenses as a percentage of revenues, year-on-year drop in R&D expenses, and planned decrease in non-cash spending.
Agreements with eight partners and impending signing of a ninth demonstrate solid momentum in pipeline growth and booking quota reach.
Intellicheck報告稱，SaaS收入有所增長，調整後的息稅折舊攤銷前利潤、淨收入和每股收益均有所改善。
通過進入教育領域以及與一家國際社交媒體公司的合作，Intellicheck正在實現最終用途市場和客戶群的多元化。
該公司指出，營銷工作將在2024年加強，重點是貿易展和區域會議。
排名前三的銀行計劃在2024年第四季度實施Intellicheck的技術，進一步擴大其客戶組合。
Intellicheck繼續以提高效率爲目標，調整後的運營費用佔收入的百分比下降810個點子，研發費用同比下降，並計劃減少非現金支出。
與八個合作伙伴的協議以及即將簽署的第九個合作伙伴的協議顯示了管道增長和預訂配額達到的強勁勢頭。
More details: Intellicheck IR
更多詳情： Intellicheck IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。