Rekor Systems: Q2 Earnings Insights

Rekor Systems: Q2 Earnings Insights

 

Rekor Systems REKR reported its Q2 earnings results on Thursday, August 11, 2022 at 05:00 PM.

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

Earnings

Rekor Systems beat estimated earnings by 7.69%, reporting an EPS of $-0.24 versus an estimate of $-0.26.

Revenue was up $60 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 2.41% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.22 -0.21 -0.12 -0.10
EPS Actual -0.29 -0.13 -0.23 -0.12
Revenue Estimate 3.30M 2.75M 5.01M 4.93M
Revenue Actual 3.61M 3.19M 2.62M 4.27M

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.

Posted In: BZI-RecapsEarnings