Intellicheck (NYSEAMERICAN:IDN) Announces Earnings Results, Beats Estimates By $0.02 EPS

Intellicheck (NYSEAMERICAN:IDN) issued its earnings results on Thursday, March 21st. The industrial products company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02, Morningstar.com reports. The business had revenue of $1.33 million for the quarter, compared to analyst estimates of $1.13 million.

Intellicheck stock traded down $0.31 during trading on Friday, hitting $3.43. The company’s stock had a trading volume of 34,843 shares, compared to its average volume of 28,628. Intellicheck has a 1-year low of $1.80 and a 1-year high of $3.86.

A number of institutional investors have recently added to or reduced their stakes in IDN. Clear Harbor Asset Management LLC increased its stake in Intellicheck by 0.8% during the fourth quarter. Clear Harbor Asset Management LLC now owns 1,332,876 shares of the industrial products company’s stock worth $2,852,000 after acquiring an additional 11,014 shares during the last quarter. B. Riley Wealth Management Inc. acquired a new stake in Intellicheck during the third quarter worth about $112,000. Finally, Fisher Asset Management LLC acquired a new stake in Intellicheck during the fourth quarter worth about $42,000.

IDN has been the topic of a number of recent research reports. Northland Securities reissued a “buy” rating on shares of Intellicheck in a report on Friday, March 22nd. Zacks Investment Research raised Intellicheck from a “sell” rating to a “hold” rating in a report on Tuesday, January 22nd.

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Intellicheck Company Profile

Intellicheck, Inc, a technology company, develops, integrates, and markets identity authentication systems for mobile and handheld access control and security systems primarily in the United States. The company provides identity systems products, including commercial identification products, such as IDvCheck SDK for software developers; Retail ID, an authentication solution that authenticates identification documents; Retail ID Online, authenticates an online user's identification documents; Retail ID Mobile that provides the fraud reduction benefits of Retail IDTM; Age ID, a designation for various hand held devices; Guest ID, a software application that speeds up check-in and ID verification at hotels and motels; IDvCheck POS, a software application that runs on various VeriFone devices; IDvCheck BHO, a browser helper object for Microsoft browser; IDvCheck PC, a standalone software solution; State Aware software; software products for data collection devices; and instant credit application kiosk software applications.

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Earnings History for Intellicheck (NYSEAMERICAN:IDN)

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