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

Rekor Systems

14/11/2022 22:03

* Rekor Systems Inc  REKR.OQ  reported a quarterly adjusted
loss
of 90 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was for a
loss of 27 cents per share.
    * Revenue rose 183.9% to $7.43 million from a year ago;
analysts
expected $6.75 million. 
    * Rekor Systems Inc's reported EPS for the quarter was a
loss
of 90 cents​.
    * The mean earnings estimate of analysts was unchanged 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 4.0% this
quarter and
lost 84.1% so far this year.
    * The company reported a quarterly loss of $48.09 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 November
14 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.27          -0.90          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