Intellicheck reports Q2 EPS (4c), consensus (5c)

Reports Q2 revenue $4.7M, consensus $4.4M. “This quarter marks 42 consecutive months of solid growth as trailing 12 month SaaS revenue has increased every month. We continue to refine our organization at every level to expand our penetration in key market verticals. This quarter we achieved adjusted EBITDA positive results and we continue to leverage our operating expenses. We also continue to enhance our organization with additional expertise including the promotion of Jeff Ishmael to the position of COO and the hiring of a new Vice President of Engineering, Jonathan Robins. We have evolved the finance and sales teams and our focus has now turned to engineering and product development. We believe the addition of Jonathan to the team will allow us to further distinguish ourselves as an exceptional identity validation company with the state-of-the-art technology solutions that have earned us our position as an industry leader,” said Intellicheck CEO Bryan Lewis.