Stock Alert: Intellicheck Shares Soar After Stellar Q4

(RTTNews) - Shares of Intellicheck Inc. (IDN) rose more than 23% in after-market session on March 11, after the company reported upbeat Q4 results. The stock has been trading between $2.55 and $10.54 in the past one year, and closed Wednesday's trade at $5.65, down 87 cents or 13.34%. Trading volume increased to 166 thousand versus an average volume of 93 thousand shares.

The company's Q4 net income was $106 thousand or $0.01 per share compared to a loss of $664 thousand or $0.04 per share last year. Wall Street analysts expected a loss of $0.03 per share for the quarter.

Total revenue jumped 118% to $2.89 million from $1.33 million generated a year ago. Quarter over Quarter SaaS revenue climbed 209% and totaled $2.56 million versus $826 thousand in the prior year period.