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Rekor Systems Inc (REKR)
NASDAQ:REKR
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.12Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 7.84%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in cost management and gross margin expansion. However, overall revenue decline and external challenges impacted performance, balancing the positive aspects with notable concerns about sales execution and meeting expectations.Company Guidance
In the recent conference call, Rekor Systems provided guidance for fiscal year 2025, emphasizing a strategic shift to enhance revenue and operational efficiency. The company reported a revenue of $9.2 million for Q1 2025, a 6% decrease from the previous year, but highlighted a $2 million improvement in adjusted EBITDA loss due to cost optimization. Recurring revenue was stable at $5.1 million, showing a 3% increase from Q1 2024. The adjusted gross margin rose to 48.2%, up from 46%, driven by a higher mix of margin-accretive offerings. Rekor is implementing a new general manager structure to better focus on customer needs and accelerate product adoption. This reorganization aims to position Rekor for scalable revenue growth, both domestically and internationally, with a focus on driving sustainable revenues and improving customer focus. The company anticipates continued improvement in adjusted EBITDA as the year progresses, supported by revenue growth and expanding gross margins.Cost Optimization Success
Achieved a $2 million improvement in adjusted EBITDA loss due to meaningful reductions in operating expenses. Continuing efforts to streamline costs with initiatives like workforce realignment and voluntary compensation reductions.
Recurring Revenue Stability
Despite overall revenue decline, recurring revenue totaled $5.1 million for Q1 2025, marking a modest 3% increase from Q1 2024.
Improved Gross Margin
Adjusted gross margin for Q1 2025 was 48.2%, up from 46% in the same period last year, driven by a higher mix of margin accretive offerings.
New General Manager Structure
Rekor is implementing a new GM structure to enhance customer focus, accountability, and scalable growth, positioning the company for improved performance and market penetration.
REKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
REKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $1.02 | $1.03 | +0.98% |
Mar 31, 2025 | $0.89 | $0.90 | +1.12% |
Nov 14, 2024 | $1.08 | $0.90 | -16.67% |
Aug 14, 2024 | $1.39 | $1.28 | -7.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rekor Systems Inc (REKR) report earnings?
Rekor Systems Inc (REKR) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Rekor Systems Inc (REKR) earnings time?
Rekor Systems Inc (REKR) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REKR EPS forecast?
REKR EPS forecast for the fiscal quarter 2025 (Q2) is -0.06.