Rekor Systems, Inc. (REKR) Reports Q2 Loss, Lags Revenue Estimates
NovumeNovume(US:REKR) ZACKS·2025-08-12 23:00

Group 1: Earnings Performance - Rekor Systems reported a quarterly loss of $0.07 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.06, representing an earnings surprise of -16.67% [1] - The company has not surpassed consensus EPS estimates over the last four quarters, with revenues of $12.36 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.01% [2] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $12.59 million, and for the current fiscal year, it is -$0.25 on revenues of $49.05 million [7] Group 2: Stock Performance and Outlook - Rekor Systems shares have declined approximately 30.1% since the beginning of the year, contrasting with the S&P 500's gain of 8.4% [3] - The company's earnings outlook and estimate revisions will be crucial for future stock performance, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market [6] - The Internet - Software industry, to which Rekor Systems belongs, is currently in the top 39% of Zacks industries, suggesting a favorable industry outlook [8] Group 3: Industry Context - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Asana, Inc., another company in the same industry, is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year change of +200%, with revenues projected at $192.54 million, up 7.4% from the previous year [9]