Rekor Systems (REKR) to Release Earnings on Thursday

Rekor Systems (NASDAQ:REKR) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $12.91 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Rekor Systems Stock Down 5.9 %

NASDAQ:REKR opened at $1.60 on Tuesday. 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 company has a market cap of $150.12 million, a PE ratio of -2.46 and a beta of 1.74. Rekor Systems has a 52-week low of $0.78 and a 52-week high of $2.71. The stock has a 50-day simple moving average of $1.71 and a 200 day simple moving average of $1.33.

Wall Street Analyst Weigh In

Separately, William Blair reiterated an “outperform” rating on shares of Rekor Systems in a report on Friday, November 15th.

Rekor Systems Company Profile

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.