Intellicheck Mobilisa (IDN) Tops Q4 EPS by 3c, Revenues Beat

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Intellicheck Announces Fourth Quarter and Full-Year 2018 Financial Results

March 21, 2019 4:05 PM EDT

Year over year fourth quarter revenues increased 37%

SaaS revenues increased 45%

MELVILLE, N.Y.--(BUSINESS WIRE)-- Intellicheck, Inc. (NYSE American: IDN), an industry leader in identification authentication solutions, today announced its financial results for the fourth quarter and full-year ended December 31, 2018.

Revenue for the fourth quarter ended December 31, 2018 grew 37% to $1,330,393 versus $967,612 in the prior year comparable period. SaaS revenue in the fourth quarter grew 45% and totaled $826,000 versus $569,000 in the prior year comparable period. Gross profit as a percentage of revenues improved to 93.1% for the three... More