Intellicheck Mobilisa (IDN) Reports Q3 Loss of $0.07, Revenues Miss

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Go back to Intellicheck Mobilisa (IDN) Reports Q3 Loss of $0.07, Revenues Miss

Intellicheck Announces Third Quarter Financial Results

November 14, 2018 4:05 PM EST

Year Over Year SaaS Revenues Increased 25%

Company Announces Signing of Master Services Agreement with Top Five Bank

MELVILLE, N.Y.--(BUSINESS WIRE)-- Intellicheck, Inc. (NYSE American: IDN), an industry leader in identification authentication solutions, today announced its financial results for the third quarter ended September 30, 2018.

Revenue for the third quarter ended September 30, 2018 increased 8% to $1,039,581 versus $966,690 in the prior year comparable period. SaaS revenue in the third quarter grew 25% and totaled $651,000 versus $521,000 in the quarter ending September 30, 2017. Gross profit as a percentage of revenues was 89.1% for the... More