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Intrusion Shares Rise as Investors Await Upcoming Earnings
Intrusion gained 2.91% in its latest session, while Zacks estimates call for higher quarterly revenue and a narrower per-share loss.
Key takeaways
- Intrusion closed at $0.71, up 2.91%, outpacing the S&P 500.
- Zacks estimates quarterly revenue of $2.1 million and a loss of $0.07 per share.
Intrusion Inc. shares rose 2.91% to close at $0.71, outpacing the S&P 500’s 0.58% gain. The Dow added 0.49%, while the Nasdaq rose 0.45%.
The gain followed a weaker month for the stock. Intrusion shares had lost 11.54% over the past month, while the Computer and Technology sector and the S&P 500 advanced.
Zacks estimates Intrusion will report a quarterly loss of $0.07 per share and revenue of $2.1 million. The estimates represent year-over-year improvement of 30% in earnings per share and 6.6% in revenue, according to Zacks.
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This article was produced with the help of AI technology. Source: Yahoo Finance
