Group 1 - Creative Realities, Inc. announced the resignation of Chief Financial Officer Will Logan, effective January 31, 2025, as he transitions to a new role at Rough Country [1][2] - Logan has been with Creative Realities since November 2017 and played a key role in the company's NASDAQ uplisting and acquisitions of Allure Global Solutions, Inc. and Reflect Systems, Inc. [2] - Ryan Mudd, the current Controller, will serve as Interim Chief Financial Officer following Logan's departure [3] Group 2 - Creative Realities specializes in digital signage and media solutions, helping clients enhance customer experiences through omnichannel technologies [4] - The company provides recurring SaaS and support services across various vertical markets, including automotive, advertising networks, and food service [4]

Financial Data and Key Metrics Changes - The company reported record third-quarter revenue of $14.4 million, up 25% from $11.6 million a year ago [8] - Gross profit increased to $6.6 million, a 24.5% rise from $5.3 million in 2023 [8] - Adjusted EBITDA reached approximately $2.3 million, reflecting a 53% increase from $1.5 million last year [9] - Annual recurring revenue (ARR) is at an annual run rate of $18.1 million, with a goal of reaching $20 million by year-end [10][15] - The consolidated gross margin was 45.6%, consistent with the previous year [12] Business Line Data and Key Metrics Changes - The IPTV division has been reorganized and expanded, completing its largest deployment in an NHL arena during Q3 2024 [24] - The company completed 51 site installations in Q3 at an average sale price of $26,500 [26] - The BCTV project has crossed 200 total installations, with expectations for further efficiencies in 2025 [25] Market Data and Key Metrics Changes - Demand remains strong across various industry verticals, including digital menu boards, digital drive-throughs, retail media networks, and IPTV solutions [11] - The company is seeing significant opportunities in the QSR and retail sectors, with strong inroads in QSR and regional projects [37][39] Company Strategy and Development Direction - The company is focused on targeting enterprise-grade customers for its products and services, which has led to some delays in order timing [14] - The management is optimistic about future growth, expecting solid results and further details on anticipated 2025 performance to be provided early next year [16] - The company is investigating strategic opportunities for growth while evaluating its capital structure [19] Management's Comments on Operating Environment and Future Outlook - Management noted that decision-making processes for large contracts have become more complex, impacting the timing of deployments [31][45] - Despite potential delays, the company remains confident that 2024 will be a record year for revenue and profitability [15][61] - The company anticipates that the transition to a SaaS-based model for IPTV will enhance growth prospects [69] Other Important Information - The company had cash on hand of approximately $0.9 million as of September 30, 2024, down from $2.9 million at the end of 2023 [20] - Net debt stood at approximately $10.1 million, down from $12.2 million at the start of 2024 [21] - The company completed its NetSuite ERP migration, which is expected to drive improved operating efficiency and profitability in 2025 [23] Q&A Session Summary Question: Discussion on pipeline bottlenecks - Management indicated that delays are primarily in decision-making rather than installation issues, as companies evaluate additional factors like retail media networks [31] Question: Context on the robust pipeline and industry strength - The pipeline is fuller than ever, with 5 to 10 significant projects nearing completion, particularly in QSR and retail sectors [36][37] Question: Profitability and long-term profit model - Management highlighted the operating leverage of the business, suggesting that current profitability levels may be conservative [34] Question: Order delays and their causes - Delays are attributed to larger contract sizes and the involvement of third-party consultants in decision-making processes [45] Question: Growth drivers for the next few years - Management identified QSR, C-Store, IPTV, and retail media networks as major growth drivers moving forward [67][69]

Wireless Ronin Technologies Inc. (CREX) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 125%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced a loss of $0.06, delivering no surprise.Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-33169 Creative Realities, Inc. (Exact Name of Registrant as Specified in its Charter) Minnesota 41-1 ...

LOUISVILLE, Ky., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital signage and media solutions, announced today that it will release its financial results for the three and nine months ended September 30, 2024 before the market open on Wednesday, November 13, 2024. A conference call to review the results is scheduled for Wednesday, November 13, 2024, at 9:00 am Eastern Time, which will include prepa ...

● . Creative Realities, Inc. to Present at the LD Micro Main Event XVII Presentation on Tuesday, October 29th at 11:30 AM PT October 07, 2024 7:30 AM EDT | Source: LD Micro Louisville, Kentucky--(Newsfile Corp. - October 7, 2024) - Creative Realities, Inc. (NASDAQ: CREX), a leading provider of digital signage solutions, announced today that it will be presenting at the 17th annual Main Event on Tuesday, October 29th at 11:30 AM PT at the Luxe Sunset Boulevard Hotel. Rick Mills, CEO, will be representing the ...

Creative Realities, Inc. (NASDAQ:CREX) Q2 2024 Earnings Conference Call August 14, 2024 9:00 AM ET Company Participants Rick Mills - CEO Will Logan - CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Cal Bartyzal - Craig-Hallum Howard Halpern - Taglich Brothers Sam McColgan - Breakout Investors Jason Weintraub - Titan Partners Group Operator Good morning. At this time, I'd like to welcome everyone to the Creative Realities' 2024 Second Quarter Earnings Conference Call. This call ...

Wireless Ronin Technologies Inc. (CREX) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.01, delivering a surprise of 88.89%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Wireless Ronin Technol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-33169 Creative Realities, Inc. (Exact Name of Registrant as Specified in its Charter) Minnesota 41-196791 ...

LOUISVILLE, Ky., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced its financial results for the fiscal second quarter ended June 30, 2024. Highlights: Record second quarter revenue of $13.1 million, up 43% from $9.2 million in the prior-year period Gross profit of $6.8 million for the three months ended June 30, 2024 versus $4.3 million in the second quarter of ...