Rekor Systems (NASDAQ:REKR) reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Rekor Systems missed estimated earnings by 14.29%, reporting an EPS of $-0.16 versus an estimate of $-0.14.
Revenue was up $1.69 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 9.16% drop in the share price the next day.
Here’s a look at Rekor Systems’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.20 | -0.19 | -0.27 |
| EPS Actual | -0.18 | -0.23 | -0.10 | -0.17 |
| Revenue Estimate | 8.03M | 6.28M | 7.82M | 6.75M |
| Revenue Actual | 8.56M | 6.18M | 4.55M | 7.42M |
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.