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Intellicheck Announces Record Fourth Quarter and Full-Year 2024 Financial Results

1. IDN reported a 15% revenue increase to $5.936M for Q4 2024. 2. SaaS revenue rose 17% to $5.913M compared to Q4 2023.

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FAQ

Why Bullish?

The revenue growth indicates strong operational performance, which can positively affect stock price. Historically, consistent revenue growth in tech companies often leads to upward price momentum.

How important is it?

The report highlights significant revenue growth, enhancing market sentiment toward IDN. Positive earnings results can significantly influence investor perception and stock valuation.

Why Short Term?

Immediate market reactions are often triggered by quarterly earnings reports. Positive results like these can lead to short-term price rises as investor confidence builds.

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MELVILLE, N.Y.--(BUSINESS WIRE)---- $IDN #InvestorRelations--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation solutions, today announced its financial results for the fourth quarter and full-year ended December 31, 2024. Total revenue for the fourth quarter ended December 31, 2024 grew 15% to a record $5,936,000 compared to $5,176,000 in the same period of 2023. Fourth quarter SaaS revenue grew 17% and totaled $5,913,000 compared to $5,069.

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