Rekor Systems (NASDAQ:REKR) reported its Q1 earnings results on Monday, May 16, 2022 at 05:00 PM.
Here's what investors need to know about the announcement.
Earnings
Rekor Systems missed estimated earnings by 31.82%, reporting an EPS of $-0.29 versus an estimate of $-0.22.
Revenue was down $608.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.1% increase in the share price the next day.
Here's a look at Rekor Systems's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.12 | -0.10 | -0.09 |
| EPS Actual | -0.13 | -0.23 | -0.12 | -0.15 |
| Revenue Estimate | 2.75M | 5.01M | 4.93M | 3.93M |
| Revenue Actual | 3.19M | 2.62M | 4.27M | 4.22M |
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.
