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Rekor Systems (REKR) Company Overview

Profile

Full Name:

Rekor Systems, Inc.

Sector:

Technology

Country:

United States

IPO:

August 29, 2017

Indexes:

Not included

Description:

Rekor Systems, known as REKR, specializes in advanced vehicle recognition technology. They provide solutions for public safety, traffic management, and smart city applications. Their innovative software and hardware help organizations monitor and analyze vehicle data efficiently, enhancing security and operational effectiveness.

Key Details

Price

$2.45

Annual Revenue

$34.93 M(+75.37% YoY)

Annual EPS

-$0.72(+56.89% YoY)

Annual ROE

-110.47%

Beta

1.43

Events Calendar

Earnings

Next earnings date:

Mar 25, 2025

Recent quarterly earnings:

Nov 14, 2024

Recent annual earnings:

Mar 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Mar 4, 24 William Blair
Outperform
Aug 15, 23 B. Riley Securities
Buy
Mar 28, 23 B. Riley Securities
Buy
May 17, 22 Truist Securities
Buy
Apr 14, 20 B. Riley Securities
Buy
Apr 14, 20 B. Riley
Buy

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Rekor Scout® Certified for New Jersey's $13M Public Safety Initiative, Empowering Law Enforcement with Advanced Technology
Rekor Scout® Certified for New Jersey's $13M Public Safety Initiative, Empowering Law Enforcement with Advanced Technology
Rekor Scout® Certified for New Jersey's $13M Public Safety Initiative, Empowering Law Enforcement with Advanced Technology
REKR
globenewswire.comJanuary 22, 2025

COLUMBIA, Md., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, has achieved New Jersey's rigorous certification for its industry-leading Rekor Scout® vehicle recognition platform. This milestone secures Rekor's strong position in the New Jersey Statewide Networked ALPR Program (NJ SNAP), a key initiative enhancing public safety through advanced Automatic License Plate Recognition (ALPR) technology. .

What's behind SoundHound AI's 21% surge in a single day
What's behind SoundHound AI's 21% surge in a single day
What's behind SoundHound AI's 21% surge in a single day
REKR
finbold.comJanuary 22, 2025

SoundHound AI (NASDAQ: SOUN) saw its stock price jump by 21% on January 21, following the announcement of a partnership with Rekor Systems (NASDAQ: REKR).

Rekor Unveils Industry's First AI-Powered Traffic Incident Priority Ranking in Rekor Command™ Platform for Faster Emergency Response and Roadway Safety.
Rekor Unveils Industry's First AI-Powered Traffic Incident Priority Ranking in Rekor Command™ Platform for Faster Emergency Response and Roadway Safety.
Rekor Unveils Industry's First AI-Powered Traffic Incident Priority Ranking in Rekor Command™ Platform for Faster Emergency Response and Roadway Safety.
REKR
globenewswire.comJanuary 7, 2025

COLUMBIA, Md., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, unveiled its new roadway Incident Priority Ranking feature at the Transportation Research Board's (TRB) 2025 Annual Meeting in Washington, DC. This prestigious event brings together thousands of transportation professionals from around the globe, featuring sessions and workshops on all modes of transportation and topics relevant to policymakers, administrators, practitioners, researchers, and representatives from government, industry, and academia.

New Mexico Department of Transportation Expands Use of Rekor Discover™ Through Pay-for-Data Distribution Model
New Mexico Department of Transportation Expands Use of Rekor Discover™ Through Pay-for-Data Distribution Model
New Mexico Department of Transportation Expands Use of Rekor Discover™ Through Pay-for-Data Distribution Model
REKR
globenewswire.comJanuary 6, 2025

COLUMBIA, MD, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that the New Mexico Department of Transportation (NMDOT) has expanded its use of Rekor Discover™ and Rekor's non-intrusive video-based Edge Series systems. This latest pay-for-data deployment, installed by an authorized third party, builds on the success of an initial Phase One deployment announced in January 2024.

Rekor Systems Fully Satisfies Outstanding Balance from Yorkville Advisors
Rekor Systems Fully Satisfies Outstanding Balance from Yorkville Advisors
Rekor Systems Fully Satisfies Outstanding Balance from Yorkville Advisors
REKR
globenewswire.comJanuary 6, 2025

COLUMBIA, Md., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, announced today that, as of December 31, 2024, it has fully satisfied the outstanding balance of $15 million under its August 2024 Prepaid Advance Agreement with an affiliate of Yorkville Advisors Global.

Rekor Systems: Undeniable Momentum In This Under-Recognized Tech Vendor
Rekor Systems: Undeniable Momentum In This Under-Recognized Tech Vendor
Rekor Systems: Undeniable Momentum In This Under-Recognized Tech Vendor
REKR
seekingalpha.comJanuary 3, 2025

Rekor Systems: Undeniable Momentum In This Under-Recognized Tech Vendor

Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
REKR
zacks.comNovember 14, 2024

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 to Announce Third Quarter Fiscal 2024 Results
Rekor Systems to Announce Third Quarter Fiscal 2024 Results
Rekor Systems to Announce Third Quarter Fiscal 2024 Results
REKR
accesswire.comOctober 14, 2024

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 President and CEO David Desharnais Outlines Strategic Vision and Growth Milestones in New Shareholder Letter
Rekor Systems President and CEO David Desharnais Outlines Strategic Vision and Growth Milestones in New Shareholder Letter
Rekor Systems President and CEO David Desharnais Outlines Strategic Vision and Growth Milestones in New Shareholder Letter
REKR
accesswire.comSeptember 4, 2024

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 Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
Rekor Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
Rekor Secures SOC2 Type II Certification, Setting Standard for Roadway Data Protection
REKR
accesswire.comAugust 21, 2024

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.

FAQ

  • What is the ticker symbol for Rekor Systems?
  • Does Rekor Systems pay dividends?
  • What sector is Rekor Systems in?
  • What industry is Rekor Systems in?
  • What country is Rekor Systems based in?
  • When did Rekor Systems go public?
  • Is Rekor Systems in the S&P 500?
  • Is Rekor Systems in the NASDAQ 100?
  • Is Rekor Systems in the Dow Jones?
  • When was Rekor Systems's last earnings report?
  • When does Rekor Systems report earnings?
  • Should I buy Rekor Systems stock now?

What is the ticker symbol for Rekor Systems?

The ticker symbol for Rekor Systems is NASDAQ:REKR

Does Rekor Systems pay dividends?

No, Rekor Systems does not pay dividends

What sector is Rekor Systems in?

Rekor Systems is in the Technology sector

What industry is Rekor Systems in?

Rekor Systems is in the Software Infrastructure industry

What country is Rekor Systems based in?

Rekor Systems is headquartered in United States

When did Rekor Systems go public?

Rekor Systems's initial public offering (IPO) was on August 29, 2017

Is Rekor Systems in the S&P 500?

No, Rekor Systems is not included in the S&P 500 index

Is Rekor Systems in the NASDAQ 100?

No, Rekor Systems is not included in the NASDAQ 100 index

Is Rekor Systems in the Dow Jones?

No, Rekor Systems is not included in the Dow Jones index

When was Rekor Systems's last earnings report?

Rekor Systems's most recent earnings report was on Nov 14, 2024

When does Rekor Systems report earnings?

The next expected earnings date for Rekor Systems is Mar 25, 2025

Should I buy Rekor Systems stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions