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

Rekor Systems

15/08/2023 06:01

* Rekor Systems Inc  REKR.OQ  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 16
cents per share.
    * Revenue rose 97.6% to $8.56 million from a year ago;
analysts
expected $8.03 million. 
    * Rekor Systems Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Rekor Systems Inc shares had risen by 53.4% this
quarter and
gained 127.5% so far this year.
    * The company reported a quarterly loss of $11.11 million.
    * Wall Street's median 12-month price target for Rekor
Systems Inc
is $3.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 15 at 05:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.16          -0.18          Missed
 Mar. 31 2023      -0.20          -0.23          Missed
 Dec. 31 2022      -0.19          -0.13          Beat
 Sep. 30 2022      -0.27          -0.90          Missed