Intelligent Systems Corporation (AMEX:INS) is expected to report third quarter earnings results, before market open, on Tuesday 3rd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.26 per share.
Looking ahead, the full year income are expected at $ 1.03 per share on the revenues of $ 35.80 million.
Previous Quarter Performance
Intelligent Systems Corporation revealed income for the second quarter of $ 0.24 per share, from the revenue of $ 8.05 million. The consensus estimates are income of $ 0.22 per share from $ 7.59 million in revenue. The bottom line results beat street analysts by $ 0.02 or 9.09 percent, at the same time, top line results outshined analysts by $ 0.46 million or 6.06 percent.
Stock Performance
Shares of Intelligent Systems Corporation traded up $ 0.14 or 0.37 percent on Monday, reaching $ 38.06 with volume of 34.50 thousand shares. Intelligent Systems Corporation has traded high as $ 38.75 and has cracked $ 37.11 on the downward trend
The closing price of $ 38.06, representing a 63.03 % increase from the 52 week low of $ 23.26 and a 16.6 % decrease over the 52 week high of $ 45.47.
The company has a market capital of $ 300.59 million and is part of the Technology sector and Software – Infrastructure industry.
Conference Call
Intelligent Systems Corporation will be hosting a conference call at 11:00 AM eastern time on 3rd 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 www.intelsys.com
Intelligent Systems Corporation, through its subsidiary, CoreCard Software, Inc., provides technology solutions and processing services to the financial technology and services market in the United States and European Union. The company designs, develops, and markets a suite of software solutions to accounts receivable businesses, financial institutions, retailers, and processors. Its software solutions allow companies to offer various types of debit and credit cards, as well as installment and revolving loans; to set up and maintain account data; to record advances and payments; to assess fees, interests, and other charges; to resolve disputes and chargebacks; to manage collections of accounts receivable; to generate reports; and to settle transactions with financial institutions and network associations.
