Earnings Call Summary | Intrusion(INTZ.US) Q1 2024 Earnings Conference
Earnings Call Summary | Intrusion(INTZ.US) Q1 2024 Earnings Conference
The following is a summary of the Intrusion, Inc. (INTZ) Q1 2024 Earnings Call Transcript:
以下是入侵公司（INTZ）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Intrusion encountered a decrease in total revenue of $0.1 million for Q1 2024, the majority attributable to a decrease in consulting revenue that stemmed from delayed federal budget approval.
Consulting revenue also declined sequentially and year-over-year, resulting in $0.7 million for the first quarter.
Shield revenues, on the other hand, remained stable sequentially, with a year-over-year increase, amounting to $0.4 million for Q1.
The company reported an improvement in net loss from the previous quarter, earning interest savings, with a net loss of $1.7 million for Q1 2024.
As of March 31, the company reported cash and cash equivalents on hand totaling $0.1 million.
入侵事件在2024年第一季度的總收入減少了10萬美元，其中大部分歸因於聯邦預算批准延遲導致的諮詢收入減少。
諮詢收入也連續下降，同比下降，第一季度爲70萬美元。
另一方面，盾牌收入連續保持穩定，同比增長，第一季度達到40萬美元。
該公司報告稱，淨虧損較上一季度有所改善，從而節省了利息，2024年第一季度淨虧損爲170萬美元。
截至3月31日，該公司報告的手頭現金和現金等價物總額爲10萬美元。
Business Progress:
業務進展：
Having achieved several milestones in the first quarter, Intrusion reported a gross undervaluation of their current stock price and expressed optimism for future financial growth.
Five new clients have been acquired from various sectors, and partner iOne Resources has won a contract expected to boost second-half earnings.
Intrusion expects to generate a minimum of $1-million-ARR in revenues from the aforementioned contract, with the potential to increase over time.
A contract to improve supply chain security for customer Orca Cold Chain Solutions has been received.
The company bought a minority stake in Klever AI, and continues to invest in its Shield Technology to upgrade its AI and machine-learning capabilities.
Efforts have been made to comply with NASDAQ's listing requirements, including the sale of 1.3 million shares of common stock.
Improvements are planned for upcoming endpoint and cloud products, and despite potential future challenges, the company's team is ready to manage such difficulties.
The management has reiterated its focus on the company's growth and increased sales, showing confidence in customers' readiness to adopt their solutions.
Intrusion在第一季度取得了幾個里程碑式的成就，報告稱其當前股價被嚴重低估，並對未來的財務增長表示樂觀。
已經從各個領域收購了五個新客戶，合作伙伴iOne Resources贏得了一份合同，預計將提高下半年的收益。
Intrusion預計將從上述合同中產生至少100萬美元ARR的收入，並有可能隨着時間的推移而增加。
已收到一份改善客戶Orca冷鏈解決方案供應鏈安全的合同。
該公司收購了Klever AI的少數股權，並繼續投資其Shield Technology以升級其人工智能和機器學習能力。
已努力遵守納斯達克的上市要求，包括出售130萬股普通股。
計劃對即將推出的端點和雲產品進行改進，儘管未來可能面臨挑戰，但該公司的團隊已準備好應對這些困難。
管理層重申了對公司增長和銷售增長的關注，對客戶準備採用他們的解決方案表示了信心。
More details: Intrusion IR
更多詳情： 入侵紅外
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。