Rekor Systems (NASDAQ:REKR - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $10.92 million for the quarter.
Rekor Systems (NASDAQ:REKR - Get Free Report) last announced its quarterly earnings results on Monday, March 31st. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.13). Rekor Systems had a negative return on equity of 119.85% and a negative net margin of 119.54%. The business had revenue of $13.28 million during the quarter, compared to the consensus estimate of $12.91 million. On average, analysts expect Rekor Systems to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Rekor Systems Trading Down 4.7%
Shares of REKR opened at $1.02 on Wednesday. The company's fifty day moving average is $0.93 and its 200 day moving average is $1.23. Rekor Systems has a fifty-two week low of $0.62 and a fifty-two week high of $2.67. The stock has a market capitalization of $113.13 million, a PE ratio of -1.57 and a beta of 2.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76.
Analyst Upgrades and Downgrades
Separately, William Blair restated an "outperform" rating on shares of Rekor Systems in a research report on Tuesday, April 1st.
View Our Latest Analysis on Rekor Systems
About Rekor Systems
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Rekor Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rekor Systems wasn't on the list.
While Rekor Systems currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
