Will Intelligent Systems Corporation ($INS) Beat Analysts View?

Intelligent Systems Corporation (AMEX:INS) is expected to report second quarter earnings results, before market open, on Tuesday 4th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.22 per share from revenue of $ 7.59 million.

Looking ahead, the full year income are expected at $ 1.23 per share on the revenues of $ 37.79 million.

Previous Quarter Performance

Intelligent Systems Corporation reported income for the first quarter of $ 0.12 per share, from the revenue of $ 7.89 million. Wall street analysts are predicting, INS to report 1Q20 income of $ 0.23 per share from revenue of $ 8.14 million. The bottom line results missed street analysts by $ 0.11 or 47.83 percent, at the same time, top line results fell short of analysts by $ 0.25 million or 3.07 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of INS was $ 30.90, representing a 32.85 % increase from the 52 week low of $ 23.26 and a 45.06 % decrease over the 52 week high of $ 56.24.

The company has a market capital of $ 275.78 million and is part of the Technology sector and Software – Infrastructure industry.

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Conference Call

Intelligent Systems Corporation will be hosting a conference call at 11:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.intelsys.com

Intelligent Systems Corporation, through its subsidiary, CoreCard Software, Inc., provides technology solutions and processing services to the financial technology and services market in the United States and European Union. The company designs, develops, and markets a suite of software solutions to accounts receivable businesses, financial institutions, retailers, and processors. Its software solutions allow companies to offer various types of debit and credit cards, as well as installment and revolving loans; to set up and maintain account data; to record advances and payments; to assess fees, interests, and other charges; to resolve disputes and chargebacks; to manage collections of accounts receivable; to generate reports; and to settle transactions with financial institutions and network associations.

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