Intellicheck Mobilisa (IDN) Reports In-Line Q2 EPS
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Intellicheck Announces Second Quarter Financial Results
August 14, 2018 4:05 PM EDTYear Over Year SaaS Revenues Increased 107%
Gross Margin Increased to 91.8%
MELVILLE, N.Y.--(BUSINESS WIRE)-- Intellicheck, Inc. (NYSE American: IDN), an industry leader in identification authentication solutions, today announced its financial results for the second quarter ended June 30, 2018.
Revenue for the second quarter ended June 30, 2018 increased 5% to $1,001,418 versus $951,334 in the prior year comparable period. SaaS revenue in the second quarter grew 107% and totaled $625,000 versus $302,000 in the quarter ending June 30, 2017. Gross profit as a percentage of revenues improved to 91.8% for the three months ended June 30, 2018... More
