Rekor Systems (NASDAQ:REKR - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 14th. 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 issued its quarterly earnings data on Wednesday, May 14th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.02). Rekor Systems had a negative return on equity of 119.85% and a negative net margin of 119.54%. The business had revenue of $9.20 million for the quarter, compared to analysts' expectations of $10.92 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 Stock Performance
Rekor Systems stock traded down $0.03 during midday trading on Monday, hitting $1.05. 2,798,553 shares of the company's stock were exchanged, compared to its average volume of 3,408,130. Rekor Systems has a 12-month low of $0.62 and a 12-month high of $2.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. The stock has a market cap of $123.98 million, a price-to-earnings ratio of -1.62 and a beta of 2.21. The firm's 50 day simple moving average is $0.92 and its 200 day simple moving average is $1.23.
Analyst Ratings Changes
Separately, William Blair reissued an "outperform" rating on shares of Rekor Systems in a research report on Tuesday, April 1st.
Get Our Latest Research Report on Rekor Systems
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Rekor Systems stock. Goldman Sachs Group Inc. grew its position in Rekor Systems, Inc. (NASDAQ:REKR - Free Report) by 20.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,981,293 shares of the company's stock after acquiring an additional 686,094 shares during the period. Goldman Sachs Group Inc. owned about 3.59% of Rekor Systems worth $3,530,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 45.71% of the company's stock.
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.
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