REKR icon

Rekor Systems

0.8748 USD
-0.0152
1.71%
Updated Dec 26, 10:22 AM EST
1 day
-1.71%
5 days
-1.71%
1 month
-13.39%
3 months
-27.70%
6 months
-41.29%
Year to date
-72.14%
1 year
-71.60%
5 years
-70.94%
10 years
-80.65%
 

About: Rekor Systems Inc is a United States-based company. The company is engaged in providing real-time roadway intelligence through AI-driven decisions. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. The company's technology and machine learning models power all solutions, including Rekor Command for transportation management, Rekor Discover for urban mobility, and Rekor Scout for public safety, and commercial use. Its geographical segments are the United States and Others, of which the majority of its revenue comes from the United States.

Employees: 351

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

367% more call options, than puts

Call options by funds: $659K | Put options by funds: $141K

38% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 24

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

3% more funds holding

Funds holding: 91 [Q2] → 94 (+3) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

5.11% less ownership

Funds ownership: 58.55% [Q2] → 53.45% (-5.11%) [Q3]

28% less capital invested

Capital invested by funds: $77.5M [Q2] → $55.7M (-$21.8M) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for REKR.

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
Rekor Systems, Inc. (REKR) Q3 2024 Earnings Call Transcript
Rekor Systems, Inc. (NASDAQ:REKR ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants David Desharnais - President and CEO Eyal Hen - CFO Conference Call Participants Mike Lattimore - Northland Capital Markets Louie DiPalma - William Blair Operator Good afternoon, ladies and gentlemen, and welcome to today's Rekor Systems, Inc. Conference Call. My name is Kevin, and I will be your coordinator for today.
Rekor Systems, Inc. (REKR) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
Rekor Systems, Inc. (REKR) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.16 per share a year ago.
Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
Neutral
Accesswire
2 months ago
Rekor Systems to Announce Third Quarter Fiscal 2024 Results
Company will host earnings call on Thursday, November 14, 2024 COLUMBIA, MD / ACCESSWIRE / October 14, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the" Company "), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its financial results for the third quarter of 2024 will be released on Thursday, November 14, 2024, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m.
Rekor Systems to Announce Third Quarter Fiscal 2024 Results
Positive
Zacks Investment Research
3 months ago
Down -23.63% in 4 Weeks, Here's Why Rekor Systems (REKR) Looks Ripe for a Turnaround
Rekor Systems (REKR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Down -23.63% in 4 Weeks, Here's Why Rekor Systems (REKR) Looks Ripe for a Turnaround
Neutral
Accesswire
3 months ago
Rekor Systems President and CEO David Desharnais Outlines Strategic Vision and Growth Milestones in New Shareholder Letter
COLUMBIA, MD / ACCESSWIRE / September 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the release of a new shareholder letter from President and CEO David Desharnais. The letter offers an overview of the Company's recent achievements, strategic milestones, and future growth prospects.
Rekor Systems President and CEO David Desharnais Outlines Strategic Vision and Growth Milestones in New Shareholder Letter
Neutral
Accesswire
3 months ago
Rekor Systems Strengthens Leadership with Industry Expert Rish Malhotra as Executive Vice President of Global Strategic Growth
Respected ITS Industry Veteran to Drive Channel Expansion in North America and Global Markets COLUMBIA, MD / ACCESSWIRE / September 3, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the appointment of Rish Malhotra as Executive Vice President of Global Strategic Growth. With over 20 years of international management experience in the Intelligent Transportation Solutions (ITS) sector, Mr.
Rekor Systems Strengthens Leadership with Industry Expert Rish Malhotra as Executive Vice President of Global Strategic Growth
Neutral
Accesswire
4 months ago
Rekor Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
Rekor provides Rekor Scout®, Rekor Discover™, and Rekor Command™ Customers with Certifiable Confidence and Trust in Data Security COLUMBIA, MD / ACCESSWIRE / August 21, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its Rekor Scout® and Rekor Discover™ platforms have successfully completed the Service Organization Control (SOC) 2 Type II audit, joining the already SOC 2 compliant Rekor Command™ platform. This achievement highlights Rekor's ongoing commitment to the highest standards of security and operational excellence.
Rekor Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
Neutral
Seeking Alpha
4 months ago
Rekor Systems, Inc. (REKR) Q2 2024 Earnings Call Transcript
Rekor Systems, Inc. (NASDAQ:REKR ) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants David Desharnais - President and CEO Eyal Hen - CFO Conference Call Participants Mike Latimore - Northland Capital Markets Noah Levitz - William Blair KC Ambrecht - Shay Capital Operator Good afternoon, ladies and gentlemen, and welcome to today's Rekor Systems, Inc. Conference Call. My name is Diego, and I will be your coordinator for today.
Rekor Systems, Inc. (REKR) Q2 2024 Earnings Call Transcript
Negative
Zacks Investment Research
4 months ago
Rekor Systems, Inc. (REKR) Reports Q2 Loss, Tops Revenue Estimates
Rekor Systems, Inc. (REKR) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.18 per share a year ago.
Rekor Systems, Inc. (REKR) Reports Q2 Loss, Tops Revenue Estimates
Neutral
Accesswire
4 months ago
Rekor Systems, Inc. Announces Strong Second Quarter 2024 Financial Results, Secures Facility for Up to $35 Million in Financing, Accelerates Customer Adoption Across All Business Segments
Highlights: Received $15 million prepaid advance under facility to provide up to $35 million in financing, strengthening the Company's financial position and supporting future growth initiatives Q2 2024 gross revenue increased 45% to $12.4 million compared to $8.6 million in Q2 2023 Q2 year-to-date 2024 gross revenue increased 51% to $22.2 million compared to $14.7 million in 2023 Improved Adjusted EBITDA from a loss of $7.2 million for Q2 2023 to a loss of $5.8 million for Q2 2024 Secured $1.5 million contract with Maryland DOT for the Strategic Corridor Monitoring project Expanded adoption of the Rekor CommandTM platform by transportation agencies in Oklahoma, Kansas, and Umatilla County, Oregon Awarded multi-year contracts with TxDOT, Ohio DOT, and Pitkin County, Colorado, valued at up to $15 million Appointed specialty investment bank B.C. Ziegler & Company as the placement agent for future revenue-sharing notes COLUMBIA, MD / ACCESSWIRE / August 14, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing advanced roadway intelligence technology, today announced its financial results for the quarter ending June 30, 2024.
Rekor Systems, Inc. Announces Strong Second Quarter 2024 Financial Results, Secures Facility for Up to $35 Million in Financing, Accelerates Customer Adoption Across All Business Segments
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