Rekor Systems Inc reports results for the quarter ended in June - Earnings Summary

Rekor Systems

12/08/2022 01:10

* Rekor Systems Inc  REKR.OQ  reported a quarterly adjusted
loss
of 33 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 26 cents per share.
    * Revenue rose 1.4% to $4.33 million from a year ago;
analysts
expected $3.81 million. 
    * Rekor Systems Inc's reported EPS for the quarter was a
loss
of 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Rekor Systems Inc shares had risen by 5.1% this
quarter and
lost 71.8% so far this year.
    * The company reported a quarterly loss of $15.27 million.
    * Wall Street's median 12-month price target for Rekor
Systems Inc
is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 12
at 12:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.26          -0.33          Missed
 Mar. 31 2022      -0.22          -0.29          Missed
 Dec. 31 2021      -0.21          -0.13          Beat
 Sep. 30 2021      -0.12          -0.23          Missed