COLUMBIA, Md., June 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) (the "Company), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced a transformative deployment with a Sun Belt state transportation agency. As part of a new state initiative to upgrade its planning and operations capabilities, Rekor will deploy 150 Rekor Discover® systems under a one-year Data-as-a-Service contract valued at $1.2 million. The Company expects all 150 syst ...

Award Includes Blanket Purchase Order to Enable Deployment Across All TxDOT Metropolitan, Urban, and Rural DistrictsCOLUMBIA, Md., June 03, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) (the “Company”), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced it has been selected for a multi-year statewide contract by the Texas Department of Transportation (TxDOT). The award approves the implementation of Rekor Command®— the Company’s advanced i ...

Core Viewpoint - Rekor Systems, Inc. reported a quarterly loss of $0.10 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.08, marking a 25% earnings surprise [1] - The company has struggled with revenue, posting $9.2 million for the quarter, missing estimates by 20.30% and down from $9.78 million a year ago [2] Financial Performance - The company has only surpassed consensus EPS estimates once in the last four quarters [2] - The stock has declined approximately 34.6% year-to-date, contrasting with the S&P 500's slight gain of 0.1% [3] Future Outlook - The earnings outlook for Rekor Systems is currently unfavorable, with a Zacks Rank of 4 (Sell), indicating expected underperformance in the near future [6] - Current consensus EPS estimates for the upcoming quarter are -$0.07 on revenues of $13.14 million, and -$0.25 on revenues of $51.67 million for the current fiscal year [7] Industry Context - The Internet - Software industry, to which Rekor Systems belongs, is ranked in the top 35% of over 250 Zacks industries, suggesting a relatively strong industry performance [8]

Rekor Systems (REKR) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Robert Berman - Chairman, Interim President & CEOEyal Hen - CFONoah Levitz - Equity Research Associate Conference Call Participants Aditya Dagaonkar - AnalystTim Moore - Managing Director, Senior Research AnalystNone - Analyst Operator Good afternoon, ladies and gentlemen, and welcome to today's Recor Systems Inc. Conference Call. My name is Matt, and I'll be your coordinator for today. At this time, all participants ar ...

Rekor Systems (REKR) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to today's Recor Systems Inc. Conference Call. My name is Matt, and I'll be your coordinator for today. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. Before we start, I want to read you the company's abbreviated Safe Harbor statement. I want to remind you ...

Table of Contents 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 March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ (State or other jurisdiction of incorporation or organization) Delaware 81-5266334 (I.R.S. Employer Identification No ...

Exhibit 99.1 Rekor Systems Reports First Quarter 2025 Financial Results Company to Further Strengthen Financial Position, Improve Operations, and Expand Technology Capabilities to Drive Long-Term Growth as Part of Strategic Transformation COLUMBIA, MD – May 14, 2025 – Rekor Systems, Inc. (NASDAQ: REKR), a global leader in roadway intelligence, today announced its financial results for the first quarter that ended March 31, 2025. "While our first quarter revenues showed a modest regression to $9.2 million du ...

Company to Further Strengthen Financial Position, Improve Operations, and Expand Technology Capabilities to Drive Long-Term Growth as Part of Strategic TransformationGross Revenue: Quarterly gross revenue of $9.2 million, representing a 6% decrease from $9.8 million in 2024.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025, underscoring enhanced operational efficiency. COLUMBIA, Md., May 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, I ...

Core Viewpoint - Rekor Systems, Inc. will release its financial results for Q1 2025 on May 14, 2025, after market close, followed by an earnings conference call at 4:30 p.m. Eastern Time [1] Group 1: Financial Results Announcement - The financial results for the first quarter of 2025 will be announced on May 14, 2025 [1] - An earnings conference call will take place on the same day at 4:30 p.m. Eastern Time to discuss the financial and operating results [1] Group 2: Conference Call Information - Participants can join the call by dialing in approximately 10 minutes before it starts, with specific numbers provided for North America [2] - A replay of the call will be available online approximately two hours after the live event for two weeks [2] Group 3: Company Overview - Rekor Systems, Inc. specializes in roadway intelligence systems utilizing AI-enabled computer vision and machine learning [3] - The company aggregates and transforms vast amounts of mobility data into actionable insights, aiming to enhance roadway safety, efficiency, and environmental sustainability [3]

FREMONT, Calif. and COLUMBIA, Md., April 15, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced the integration of PlateRanger™ powered by Rekor® (NASDAQ:REKR) – its advanced license plate and vehicle recognition (ALPR) solution – into the company's SafetySmart™ platform alongside ShotSpotter® and CrimeTracer™. These milestones strengthen SoundThinking's commitment to open standards and seamless interoperability, empowering law enforcemen ...