Rekor Systems: Q1 Earnings Insights

Rekor Systems REKR reported its Q1 earnings results on Monday, May 16, 2022 at 05:00 PM.

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

Earnings

Rekor Systems missed estimated earnings by 31.82%, reporting an EPS of $-0.29 versus an estimate of $-0.22.

Revenue was down $608.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 1.1% increase in the share price the next day.

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

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.21 -0.12 -0.10 -0.09
EPS Actual -0.13 -0.23 -0.12 -0.15
Revenue Estimate 2.75M 5.01M 4.93M 3.93M
Revenue Actual 3.19M 2.62M 4.27M 4.22M

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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Posted In: EarningsBZI-Recaps
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