Recap: Rekor Systems Q1 Earnings

Rekor Systems REKR reported its Q1 earnings results on Monday, May 15, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Rekor Systems missed estimated earnings by 15.0%, reporting an EPS of $-0.23 versus an estimate of $-0.2.

Revenue was up $2.58 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 7.75% drop in the share price the next day.

Here's a look at Rekor Systems's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.19	-0.27	-0.26	-0.22
EPS Actual	-0.10	-0.17	-0.24	-0.29
Revenue Estimate	7.82M	6.75M	3.81M	3.30M
Revenue Actual	4.55M	7.42M	4.33M	3.61M

To track all earnings releases for Rekor Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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