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CREX — Creative Realities News Story

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Signage and adtech firm Creative Realities Q3 revenue misses estimates on order shift

Overview

Creative Realities Q3 revenue of $10.5 mln missed analyst expectations

Company reports Q3 net loss of $7.8 mln, compared to net income last year

Acquisition of Cineplex Digital Media for $42.7 mln completed post-Q3

Outlook

Company plans to update shareholders on integration progress and future outlook during earnings call

Result Drivers

ORDER DELAY - Revenue negatively impacted by $2 mln order slipping into Q4

SOFTWARE IMPAIRMENT - $5.7 mln non-cash software impairment charge due to wind down of Stellantis engagement

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$10.5 mln$13.70 mln (4 Analysts)
Q3 EPS-$0.75
Q3 Adjusted EBITDA$800,000
Q3 ARR$12.30 mln
Q3 Gross Profit$4.78 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the it services & consulting peer group is "buy" Wall Street's median 12-month price target for Creative Realities Inc is $7.63, about 63.4% above its November 11 closing price of $2.79 The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 7 three months ago Press Release: ID:nGNX2NbdSJ For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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