Rekor Systems (REKR) Scheduled to Post Quarterly Earnings on Thursday

Rekor Systems (NASDAQ:REKR) is scheduled to announce its earnings results after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Rekor Systems (NASDAQ:REKR) last released its earnings results on Wednesday, August 14th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. Rekor Systems had a negative return on equity of 112.99% and a negative net margin of 118.66%. The firm had revenue of $12.43 million during the quarter, compared to the consensus estimate of $12.15 million. On average, analysts expect Rekor Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Rekor Systems Price Performance

Shares of REKR stock opened at $1.13 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 0.32. Rekor Systems has a twelve month low of $1.01 and a twelve month high of $3.92. The company has a market cap of $100.01 million, a P/E ratio of -1.69 and a beta of 1.97. The business has a fifty day simple moving average of $1.15 and a 200 day simple moving average of $1.46.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued an “outperform” rating on shares of Rekor Systems in a research note on Thursday, August 15th.

About Rekor Systems

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.