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

1. IDN reported a 15% revenue growth in Q4 2024, reaching $5.936 million. 2. SaaS revenue for Q4 2024 increased 17%, indicating strong business momentum.

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FAQ

Why Bullish?

The significant revenue growth is a positive signal for IDN, indicating operational effectiveness. Historical performance shows similar trends led to price increases in other tech firms.

How important is it?

Strong revenue growth reflects positively on IDN's market position, influencing investor decisions and potential stock purchases.

Why Short Term?

Immediate investor sentiment may improve due to quarterly results. Such announcements typically influence stock prices in the near term.

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ADBEMSFTNOWNET
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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