Intellicheck Mobilisa (NASDAQ:IDN) Announces Quarterly Earnings Results, Meets Expectations

Key Points

• Intellicheck Mobilisa reported earnings of ($0.01) per share, matching analysts' estimates for the quarter.
• The company's stock decreased by 0.4%, trading at $5.03 with a market cap of $99.80 million.
• Wall Street Zen downgraded Intellicheck Mobilisa from a "buy" rating to a "hold" rating on June 27th.

Intellicheck Mobilisa (NASDAQ:IDN - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01), Zacks reports. Intellicheck Mobilisa had a negative net margin of 4.44% and a negative return on equity of 3.09%. The business had revenue of $5.12 million during the quarter, compared to analysts' expectations of $5.05 million.

Intellicheck Mobilisa Stock Performance

NASDAQ:IDN traded up $0.18 on Friday, hitting $5.02. The stock had a trading volume of 271,450 shares, compared to its average volume of 194,269. The company's fifty day moving average price is $5.19. Intellicheck Mobilisa has a 52 week low of $1.92 and a 52 week high of $6.49.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Intellicheck Mobilisa from a "hold" rating to a "buy" rating in a research note on Saturday.

Intellicheck Mobilisa Company Profile

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States.