Rekor Systems (REKR) to Release Quarterly Earnings on Thursday

Rekor Systems (NASDAQ:REKR) will issue its quarterly earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Rekor Systems (NASDAQ:REKR) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. Rekor Systems had a negative return on equity of 112.99% and a negative net margin of 118.66%. The company had revenue of $12.43 million for the quarter, compared to analysts’ expectations of $12.15 million. On average, analysts expect Rekor Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Rekor Systems Stock Up 0.8 %

Rekor Systems stock opened at $1.20 on Tuesday. Rekor Systems has a 1-year low of $1.01 and a 1-year high of $3.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.84 and a quick ratio of 0.67. The stock has a market cap of $106.20 million, a PE ratio of -1.78 and a beta of 1.97. The stock’s fifty day moving average is $1.15 and its two-hundred day moving average is $1.45.

Analyst Ratings Changes

Separately, Wedbush restated an “outperform” rating on shares of Rekor Systems in a research note on Thursday, August 15th.

About Rekor Systems

Rekor Systems, Inc, a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders.