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0.0857763300760043 0.0857763300760043 0.0857763300760043 0.172638436482085 0.172638436482085 0.172638436482085 0.172638436482085 0.172638436482085
Stock impact report

Intrusion Inc. Reports Net Income for Fourth Quarter 2017

Intrusion Inc. (INTZ) 
Company Research Source: GlobeNewswire
RICHARDSON, Texas, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Intrusion Inc. (OTCQB:INTZ), (“Intrusion”) today announced financial results for the quarter and year ended December 31, 2017. Intrusion’s net income for the fourth quarter 2017 was $0.2 million, compared to a net loss of $0.3 million for the fourth quarter 2016.  Net loss for the year 2017 was $30 thousand, compared to a net loss of $1.6 million for 2016.  The fiscal year 2017 net loss of $30 thousand included $900 thousand other income reported in the third quarter 2017. Revenue for the fourth quarter 2017 was $2.1 million, compared to $1.4 million in the fourth quarter 2016.  Revenue for the year 2017 was $6.9 million, compared to $6.1 million in 2016.  Gross profit margin was 58% of revenue in the fourth quarter of 2017, compared to 64% of revenue in the fourth quarter 2016 and 56% of revenue in the third quarter 2017.  For the year, the gross profit margin decreased to 59%, compared to 64% in 2016.  Gross profit margin de Show less Read more
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