Intrusion Full Year 2024 Earnings: Eps Beats Expectations, Revenues Lag
The company's earnings per share (EPS) exceeded analyst estimates by 5.8%, despite revenue missing forecasts by 4.2%. Intrusion's net loss narrowed by 44% from the previous year, while its shares are down 31% from a week ago. The company's financial performance is expected to be closely watched in the coming months.
- The surprise beating of EPS expectations suggests that Intrusion has made significant strides in reducing its losses, but it remains to be seen how these cost-cutting measures will impact future growth and profitability.
- Will the company be able to overcome its revenue misses and maintain a steady upward trend in earnings per share, or are there underlying issues with its business model that need to be addressed?