Intrusion Inc. (INTZ) Q3 2024 Earnings Call Transcript Summary
Intrusion Inc. (INTZ) Q3 2024 Earnings Call Transcript Summary
Operating expenses were reported at $3.2 million, showing a slight sequential increase but a decrease from the previous year's same quarter.The following is a summary of the Intrusion Inc. (INTZ) Q3 2024 Earnings Call Transcript:
以下是Intrusion Inc. (INTZ) 2024年第三季度业绩会的摘要：
Financial Performance:
财务表现：
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.报告2024年第三季度营业收入为150万美元，环比增长3%，同比增长2%。
Shield业务收入对这一增长做出了重大贡献，环比增长49%，主要受到一项新的美国国防部合同的推动。
营业费用为320万美元，较上一季度略有增加，但与去年同期相比有所下降。
毛利润率保持健康水平，为77%，较上一季度略有增加。
季度净亏损同比改善110万美元至210万美元，归因于较低的营业费用和减少的利息费用。
Business Progress:
业务进展：
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签署了额外的七个新Shield标识，今年共计达到18个，几乎没有来自Shield客户的流失。
由于客户对该技术的积极体验，已经与现有客户扩大了两份合同。
在菲律宾和更广泛的亚太地区需求旺盛，预计未来几个季度将有增长的高质量机会闭幕。
已与美国几家大型企业客户进行了几项有前景的概念验证（POC），预计将转化为订单。
继续投资于产品开发，增加新功能以提升网络安全解决方案的效力和价值。
Opportunities:
机会：
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.
在亚太地区扩大存在和良好声誉进一步打开市场扩张和新客户互动。
全球面临的网络安全挑战持续推动对Intrusion的网络安全解决方案需求，特别是随着机构增加在确保运营安全方面的投资。
Risks:
风险：
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.
公司收到了一份来自纳斯达克关于不符合1美元最低买盘价格要求的书面通知，这对其继续上市构成了风险。
依赖重要合同，如美国国防部，构成了集中风险。
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：如需更全面的详情，请参阅投资人关系网站。本文仅供投资者参考，不作任何指引或建议。
译文内容由第三方软件翻译。
