Novume(REKR)

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Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-14 23:45
Rekor Systems, Inc. (REKR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -75%. A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.12, delivering a surprise of 7.69%.Over the last four quarters, the company has surpass ...
Novume(REKR) - 2024 Q3 - Quarterly Report
2024-11-14 21:20
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 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: 001-38338 Rekor Systems, Inc. | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-- ...
Novume(REKR) - 2024 Q3 - Quarterly Results
2024-11-14 21:06
Exhibit 99.1 Highlights Rekor Systems Reports Third Quarter 2024 Financial Results Company commences implementation of Rekor Discover™ in Florida after receiving FDOT-approved product list certification ● Q3 2024 gross revenue increased 16% to $10.5 million compared to $9.1 million in Q3 2023 ● Q3 recurring revenue increased 14% to $5.5 million compared to $4.8 million ● Rekor Discover™ now on the Florida DOT Approved Product List, and deployments commenced ● Our CEO, David Desharnais, was inducted into the ...
Down -23.63% in 4 Weeks, Here's Why Rekor Systems (REKR) Looks Ripe for a Turnaround
ZACKS· 2024-09-04 14:37
A downtrend has been apparent in Rekor Systems, Inc. (REKR) lately with too much selling pressure. The stock has declined 23.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicator ...
Novume(REKR) - 2024 Q2 - Earnings Call Transcript
2024-08-15 02:34
Rekor Systems, Inc. (NASDAQ:REKR) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants David Desharnais - President and CEO Eyal Hen - CFO Conference Call Participants Mike Latimore - Northland Capital Markets Noah Levitz - William Blair KC Ambrecht - Shay Capital Operator Good afternoon, ladies and gentlemen, and welcome to today's Rekor Systems, Inc. Conference Call. My name is Diego, and I will be your coordinator for today. [Operator Instructions] As a reminder, this conferen ...
Rekor Systems, Inc. (REKR) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-14 23:25
Rekor Systems, Inc. (REKR) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.23, delivering a surprise of -109.09%. Over the last four quarters, the company has s ...
Novume(REKR) - 2024 Q2 - Quarterly Report
2024-08-14 20:08
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 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: 001-38338 Rekor Systems, Inc. | --- | --- | --- | --- | --- | --- | --- | --- | |------------- ...
Novume(REKR) - 2024 Q2 - Quarterly Results
2024-08-14 20:06
EX-99.1 2 rekr_ex991.htm PRESS RELEASE EXHIBIT 99.1 Rekor Systems, Inc. Announces Strong Second Quarter 2024 Financial Results, Secures Facility for Up to $35 Million in Financing, Accelerates Customer Adoption Across All Business Segments Highlights: · Received $15 million prepaid advance under facility to provide up to $35 million in financing, strengthening the Company's financial position and supporting future growth initiatives · Q2 2024 gross revenue increased 45% to $12.4 million compared to $8.6 mil ...
SoundThinking and Rekor Systems Announce Strategic Partnership
Newsfilter· 2024-07-23 10:00
Summary: New LPR service from SoundThinking called "PlateRanger™, Powered by Rekor®" now available for demonstration and quotation. FREMONT, Calif. and COLUMBIA, Md., July 23, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology company, and Rekor Systems, Inc. (Nasdaq: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology for public safety, urban mobility, and transportation management, today announced a strategic partners ...
Novume(REKR) - 2024 Q1 - Earnings Call Transcript
2024-05-16 03:06
Rekor Systems, Inc. (NASDAQ:REKR) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Eyal Hen - Chief Financial Officer David Desharnais - President and COO Robert Berman - Chairman and CEO Conference Call Participants Noah Levitz - William Blair Michael Latimore - Northland Capital Markets Roger Hawkins - RAH Capital Operator Good afternoon, ladies and gentlemen, and welcome to today's Rekor Systems, Inc. Conference Call. My name is Paul, and I will be your coordinator for today. ...