Preview Of Intellicheck, Inc. ($IDN) 3Q20 Earnings

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Intellicheck, Inc. (AMEX:IDN) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.

According to analysts surveyed by Thomson Reuters, IDN is expected to report 3Q20 loss of $ 0.02 per share from revenue of $ 2.43 million.

For the full year, analysts anticipate top line of $ 11.29 million, while looking forward to loss of $ 0.02 per share bottom line.

Previous Quarter Performance

Intellicheck, Inc. unfold loss for the second quarter of $ 0.05 per share, from the revenue of $ 1.84 million. The consensus estimates are loss of $ 0.05 per share from $ 1.75 million in revenue. The top line results outshined analysts by $ 0.09 million or 5.14 percent.

Stock Performance

Shares of Intellicheck, Inc. traded up $ 0.89 or 11.80 percent on Tuesday, reaching $ 8.43 with volume of 308.20 thousand shares. Intellicheck, Inc. has traded high as $ 8.50 and has cracked $ 7.71 on the downward trend

According to the previous trading day, closing price of $ 8.43, representing a 294.76 % increase from the 52 week low of $ 1.91 and a 28.46 % decrease over the 52 week high of $ 10.54.

The company has a market capital of $ 154.53 million and is part of the Technology sector and Software – Application industry.

Conference Call

Intellicheck, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website intellicheck.com

Intellicheck, Inc., a technology company, develops, integrates, and markets threat identification and identity authentication solutions for retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States. It provides identity systems products, including commercial identification products, such as ID Check SDK for software developers; Retail ID, an authentication solution that authenticates identification documents; Retail ID Online, authenticates an online users identification documents; Retail ID Mobile that provides the fraud reduction benefits of Retail ID; Age ID, a designation for various hand held devices; Guest ID, a software application that speeds up check-in and ID verification at hotels and motels; ID Check POS, a software application that runs on various VeriFone devices; ID Check BHO, a browser helper object for Microsoft browser; ID Check PC, a standalone software solution; State Aware software; software products for data collection devices; and instant credit application kiosk software applications. The company also offers government identification products comprising Defense ID systems to read barcodes, magnetic stripes, radio frequency identification, and optical character recognition codes printed on current forms of identification cards; Law ID, a mobile app for bona fide law enforcement officers that performs real time queries; PORT ID, an instrumental component to port security; and Visitor Center (IM 3000), a component of Defense ID system.