REKR - Earnings announcements

COLUMBIA, Md., March 31, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), ("Rekor" or the "Company"), a leader in developing and implementing cutting-edge roadway intelligence systems, today reported financial and operational results for the full year ended December 31, 2025, highlighting a year of disciplined execution, operational efficiency, and strategic repositioning. "2025 was a transformative year for Rekor," said Joseph Nalepa, Rekor's Chief Financial Officer. "The maturity of our development efforts has enabled us to make a deliberate shift to operate as a pragmatic, product-focused business. That discipline has resulted in a stronger, leaner company with a clear path

COLUMBIA, Md, March 25, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), ("Rekor" or the "Company"), a leader in developing and implementing cutting-edge roadway intelligence systems, announced today the appointment of Marc Segal as Technical Account Management Director of Rekor Command®, the Company's real-time traffic operations and incident management platform. Based in Austin, Texas, Marc Segal is positioned at the center of one of the most active transportation innovation markets in the country. His operations base aligns closely with Rekor's expanding presence in Texas, and the Rekor Command® product has a statewide blanket purchase order with the Texas Department of Tra

COLUMBIA, Md., March 18, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), ("Rekor" or the "Company"), a leader in developing and implementing cutting-edge roadway intelligence systems, announced today that the United States Patent and Trademark Office has granted a new patent for an innovative method of dynamically storing automatic license plate ("ALPR") and vehicle recognition data based on the severity of suspected criminal activity. The patent also covers PII data retention policies developed with input from both public safety agencies and the communities they serve. Public safety agencies have traditionally stored automated license plate recognition data with fixed retenti

COLUMBIA, Md., March 17, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence systems, today announced that it will report its annual financial results for the fiscal year ended December 31, 2025, on Tuesday, March 31, 2026, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION‍Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information:‍ North America: Participant

COLUMBIA, Md., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor or the "Company"), a global leader in roadway intelligence, today announced a strategic consolidation of its worldwide engineering operations aimed at increasing operational efficiency and aligning the Company's cost structure with current revenue levels. As part of this initiative, Rekor will move engineering work from Israel to its U.S.-based teams, consolidating all key product development and technology functions in the United States. This move supports the Company's ongoing efforts to streamline operations and focus resources on initiatives that have the most immediate impact on revenue, custom

Company Achieves Third Consecutive Quarter of Positive Results Highlights: Record Quarterly Revenue: $14.2 million.Record Gross Margin: Adjusted gross margin expanded to 63% for the quarter and 55% for the nine-month period, reflecting improved mix and operational leverage.Reduced Adjusted EBITDA Loss: Adjusted EBITDA loss narrowed sharply to $1.5 million, the best in the Company's history.Disciplined Cost Management: Operating expenses fell 26% sequentially and 20% year over year, driving sustained financial improvement. COLUMBIA, Md., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced record financial results f

COLUMBIA, Md., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) a leader in developing and implementing state-of-the-art roadway intelligence, today announced its preliminary financial results for the third quarter ended September 30, 2025. The Company expects to report: Record quarterly revenue between $13.9 million and $14.3 millionAdjusted EBITDA loss between $1.6 million and $1.9 million; andGross margin between 61% and 65% These preliminary results reflect record quarterly revenue, a significant reduction in Adjusted EBITDA loss of more than 65% compared to the second quarter of 2025 and more than 75% compared to the third quarter of 2024, respectively, and conti

Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss by $2 million for the six-month period.Operating Expense Reduction: Reduced operating expenses by 17% quarter over quarter and year over year, reflecting strong cost discipline.Quarterly Gross Revenue: Quarterly gross revenue of $12.4 million, showing the expected rebound from the prior quarter and resulting in revenue nearly flat year-over-year.     ATM Offering has been terminated as part of strategic capital initiatives. COLUMBIA, Md., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the three- and six-month periods

COLUMBIA, Md., July 23, 2025 (GLOBE NEWSWIRE) -- 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 it will release its financial results for the second quarter of 2025 on Tuesday, August 12, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. ET to discuss its financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Dial-In:

Gross Revenue: Quarterly gross revenue of $9.2 million, representing a 6% decrease from $9.8 million in 2024.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025, underscoring enhanced operational efficiency. COLUMBIA, Md., May 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the first quarter that ended March 31, 2025. "While our first quarter revenues showed a modest regression to $9.2 million due to various factors, our focus on operational efficiency has delivered considerable progress, reflected in a significant im

COLUMBIA, Md., April 23, 2025 (GLOBE NEWSWIRE) -- 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 it will release its financial results for the first quarter of 2025 on Wednesday, May 14, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Di

Record Gross Revenue: Achieved record annual gross revenue of $46.0 million, representing a 32% increase from $34.9 million in 2023.Fourth Quarter Results: Gross revenue reached an all-time quarterly high of $13.3 million in Q4 2024, marking a 20% increase compared to Q4 2023.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $6.7 million in Q4 2023 to $4.7 million in Q4 2024, underscoring enhanced operational efficiency. COLUMBIA, Md., March 31, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the fiscal year that ended December 31, 2024. Throughout 2024, Rekor demonstrat

COLUMBIA, Md., Feb. 20, 2025 (GLOBE NEWSWIRE) -- 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 it will report record annual and quarterly revenue when it releases financial results for FY2024 on Monday, March 31, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: No

Highlights Q3 2024 gross revenue increased 16% to $10.5 million compared to $9.1 million in Q3 2023Q3 recurring revenue increased 14% to $5.5 million compared to $4.8 millionRekor Discover™ now on the Florida DOT Approved Product List, and deployments commencedOur CEO, David Desharnais, was inducted into the ITS America Board COLUMBIA, Md., Nov. 14, 2024 (GLOBE NEWSWIRE) -- 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 September 30, 2024. Rekor Discover™ was recently added to the Florida DOT's Approved Product List and is now begi

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. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call usin

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 initiativesQ2 2024 gross revenue increased 45% to $12.4 million compared to $8.6 million in Q2 2023Q2 year-to-date 2024 gross revenue increased 51% to $22.2 million compared to $14.7 million in 2023Improved Adjusted EBITDA from a loss of $7.2 million for Q2 2023 to a loss of $5.8 million for Q2 2024Secured $1.5 million contract with Maryland DOT for the Strategic Corridor Monitoring projectExpanded adoption of the Rekor CommandTM platform by transportation agencies in Oklahoma, Kansas, and Umatilla County, Oregon

Company will host earnings call on Wednesday, August 14, 2024 COLUMBIA, MD / ACCESSWIRE / July 30, 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 second quarter of 2024 will be released on Wednesday, August 14, 2024, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the

Company will host earnings call on Wednesday, May 15, 2024COLUMBIA, MD / ACCESSWIRE / April 22, 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 first quarter of 2024 will be released on Wednesday, May 15, 2024, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the follow

Company Achieves Fourth Consecutive Quarter of Top Line Growth and Record RevenueCOLUMBIA, MD / ACCESSWIRE / March 25, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today unveiled its notable financial results for the fiscal year ending December 31, 2023. Demonstrating substantial progress across all metrics, the Company not only continued its trajectory of year-over-year revenue growth but also laid the groundwork for a future defined by innovation and strategic financial health.2023 Financial Highlights: A Year of Consistent Growth and StabilityRecord Gross Revenue: Rekor closed

Company to announce record annual revenue when it releases financial results for FY2023COLUMBIA, MD / ACCESSWIRE / March 1, 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 it will report record annual and quarterly revenue when it releases financial results for FY2023 on Monday, March 25, 2024, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested to participate in the call should please dial in approximately 10

2024 Annual Meeting of Stockholders be held on April 18, 2024COLUMBIA, MD / ACCESSWIRE / January 10, 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 the Company's 2024 Annual Meeting of Stockholders ("2024 Annual Meeting") will be held on Thursday, April 18, 2024. Additional information regarding the Company's 2024 Annual Meeting, including the time, location and agenda for the 2024 Annual Meeting, will be disclosed in the Company's Definitive Proxy Statement to be sent to stockholders entitled to notice of and to vote at the 2024 Annual Meeting.In addition to t

Acquisition expands geographic base and accelerates technology distributionCompany to host a special investor conference call on January 9, 2024, to discuss the acquisitionCOLUMBIA, MD / ACCESSWIRE / January 3, 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 it has completed the acquisition of All Traffic Data Services, LLC (ATD), further solidifying its expertise in transportation data collection and analytics.ATD collaborates closely with numerous traffic engineering firms, metropolitan planning organizations, municipalities, and state Departments of Transportation

Company to host a special investor conference call on December 14, 2023 to discuss its Revenue Sharing Notes programCOLUMBIA, MD / ACCESSWIRE / December 13, 2023 / 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 it has completed the sale of a registered offering of $15 million in aggregate principal amount of its 13.25% Series A Prime Revenue Sharing Notes due December 15, 2026 (the "Series A Notes"). Proceeds are expected to be used for expansion and working capital purposes."Our remarkable success in growing revenues under our 'pay for data' recurring revenue model d

Company continues noteworthy quarter-over-quarter revenue growth, setting itself apart in the AI sector with a 268% Compound Annual Growth Rate (CAGR)Highlights:Record Q3 2023 gross revenue of $9.1 million - an increase of 35% as compared to $6.8 million in Q3 2022Performance obligations increased 41% to $30.2 million as of September 30, 2023, as compared to $21.4 million as of December 31, 2022Total contract value signed during the third quarter was $8.4 million, an increase of 74% from $4.8 million in the same quarter of 2022Improved Adjusted EBITDA from a loss of $10.7 million for Q3 2022 to a loss of $6.6 million for Q3 2023COLUMBIA, MD / ACCESSWIRE / November 14, 2023 / Rekor Systems, I

Company will host earnings call on Tuesday, November 14, 2023COLUMBIA, MD / ACCESSWIRE / October 23, 2023 / Rekor Systems, Inc (NASDAQ:REKR) ("Rekor" or the "Company"), a global leader in the development of innovative solutions that are making the world's roadways safer, greener, and more efficient, today announced that its financial results for the third quarter of 2023 will be released on Tuesday, November 14, 2023, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minu

Company Continues Momentum with Consecutive Quarter-over-Quarter Revenue Growth, Solidifying Its Unique Position in the AI SectorHighlights:Q2 2023 gross revenue increased 132% to $8.6 million as compared to $3.7 million in Q2 2022Recurring revenue increased 178% to $5.8 million in Q2 2023 as compared to $2.1 million in Q2 2022Performance obligations increased 48% to $31.8 million as of June 30, 2023, as compared to $21.4 million as of December 31, 2022Total contract value signed during the second quarter was $17.6 million, an increase of 31% from $12.1 million in the first quarter of 2023 and an increase from $3.5 million or 411% over the same quarter last yearImproved Adjusted EBITDA from

COLUMBIA, MD / ACCESSWIRE / July 25, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a trusted global authority in developing and delivering roadway intelligence using state-of-the-art AI and machine learning, today announced that its financial results for the second quarter of 2023 will be announced on Monday, August 14, 2023, after market close. On Monday, August 14, 2023, the Company will also host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following in

COLUMBIA, MD / ACCESSWIRE / July 19, 2023 / Rekor Systems (NASDAQ:REKR), a leading company in the field of advanced technology solutions, announced that it expects to report remarkable growth in its revenue for the second quarter of 2023. With an expected revenue of over $8.0 million, Rekor Systems is surpassing its Q2 2022 performance by 110%. Additionally, the company says it is experiencing a substantial increase of more than 30% compared to its Q1 2023 revenue. Such outstanding financial results could showcase the company's strong momentum and successful execution of its business strategies. To provide further insights into its financial performance, Rekor Systems will announce the compl

Company will announce the full financial results for the second quarter of 2023 on Tuesday, August 15, 2023, after market closeCOLUMBIA, MD / ACCESSWIRE / July 17, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company, a leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that it expects to report gross revenue exceeding $8.0 million for the second quarter of 2023 as compared to $3.7 million the same period last year, which represents growth of more than 110% and in excess of 30% growth over Q1 2023.The Company will announce the full financial results

Company will host earnings call on Monday, May 15, 2023COLUMBIA, MD / ACCESSWIRE / May 1, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company and leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that its financial results for the first quarter of 2023 will be released on Monday, May 15, 2023, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in a

Highlights:2022 gross revenue increased 72% to $19.9 million ($22.3 million with the discontinued operations) as compared to $11.6 million ($14.3 million with discontinued operations) in 2021Closed $15 million Senior Secured Notes in January 2023Sold our Automatic Traffic Safety Enforcement ("ATSE") business unitAcquired Southern Trafic Services ("STS") in June 2022, expanding our footprint, product offering, and customer baseRecurring revenue increased 182% to $13.1 million in 2022 as compared to $4.6 million in 2021Performance obligations increased 45% to $21.4 million in 2022 as compared to $14.8 million in 2021COLUMBIA, MD / ACCESSWIRE / March 27, 2023 / Rekor Systems, Inc (NASDAQ:REKR)

Company will host earnings call on Monday, March 27, 2023COLUMBIA, MD / ACCESSWIRE / March 1, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced today that its financial results for FY2022 will be released on Monday, March 27, 2023, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested to participate in the call should please dial in approx

COLUMBIA, MD / ACCESSWIRE / November 3, 2022 / - Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today that its financial results for the third quarter of 2022 will be released on Monday, November 14, 2022, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the

COLUMBIA, MD / ACCESSWIRE / July 28, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities through intelligent infrastructure, announced today that its financial results for the second quarter of 2022 will be released on Thursday, August 11, 2022, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested to participate in the call should please dial in approximately 10 minutes prior to the start of the call using t

Highlights:Company announces Intent to acquire Southern Traffic Services (STS), a traffic engineering firm specializing in traffic data collectionRecurring revenue increased 96% to $1.7 million for the three months ended March 31, 2022, as compared to $0.9 million for the three months ended March 31, 2021. Revenue for the first quarter of 2022 were $3.6 million, a decrease from $4.2 million in the same quarter of 2021Rekor Systems Intelligent Infrastructure Solution was selected for Amazon Web Services Partner Network and Public Sector Partner ProgramRaised $3.1 million in net cash proceeds during the first quarter 2022 with the At-The-Market 2022 Sales AgreementCOLUMBIA, MD / ACCESSWIRE / M

Acquisition will expand Rekor's geographic footprint by adding more than 60,000 lanes of additional coverage over hundreds of thousands of square miles throughout the United StatesCOLUMBIA, MD / ACCESSWIRE / May 16, 2022 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that it has entered into a Letter of Intent ("LOI") to acquire Southern Traffic Services ("STS"). STS is a recognized leader in traffic engineering and advanced traffic data collection technologies across public and

Revenue for the first quarter 2022 to exceed $3.4 million, which shows continued growth since the Company changed its business modelCompany will host earnings call on Monday, May 16, 2022COLUMBIA, MD / ACCESSWIRE / April 18, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, announced today that its financial results for the first quarter of 2022 will be released on Monday, May 16, 2022, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to di

Highlights:2021 gross revenue increased 55% to $14.3 million as compared to $9.2 million in 2020Raised $70.1 million in net cash proceeds during February 2021 with a public offeringAcquired Waycare in August 2021, expanding global footprint, product offering and customer baseRecurring revenue increased 28% to $4.6 million in 2021 as compared to $3.6 million in 2020Performance obligations increased 35% to $22.6 million in 2021 as compared to $16.7 million in 2020Strengthened leadership team with addition of David Desharnais as PresidentCOLUMBIA, MD / ACCESSWIRE / March 31, 2022 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to pro

Revenue for the year ended 2021 was above $14.0 million, compared to $9.2 million in the same period last year, a robust increase of more than 50%Company will host earnings call on Thursday, March 31, 2022COLUMBIA, MD / ACCESSWIRE / March 14, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, today announced that its financial results for FY2021 will be released on Thursday, March 31, 2022, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to

Highlights:Launched our Rekor OneTM operating system for intelligent infrastructure, which includes modules for traffic analytics, incident management, public safety, and law enforcement.Evolved our revenue model to effectively execute on our land-and-expand strategy and introduced new key performance indicators to allow investors to assess our progress, which include:Performance obligations increased 57% to $23.8 million, up from $15.2 million in the second quarter of 2021.Total Contract Value for the nine months ended September 30, 2021, increased 108% to $7.7 million, up from $3.7 million for the comparable period in 2020.Recurring revenue, which includes SaaS revenue, licensing and subsc

Company to host earnings call on Monday, November 15, 2021COLUMBIA, MD / ACCESSWIRE / November 9, 2021 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced today that financial results for third quarter 2021 will be released on Monday, November 15, 2021, after market close. On the same day, the company will host an earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results for the quarter and the year to date.CONFERENCE CALL INFORMATIONAny person interested in particip

Half day event will provide deep dive into recent Waycare Technologies, Ltd. acquisition, company strategy and showcase latest product innovationsCOLUMBIA, MD / ACCESSWIRE / August 23, 2021 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, announced today that it will host its first ever Investor and Analyst Day live, with a virtual option, in New York City on September 14, 2021. The event is open to current and interested professional investors along with securities analysts and media and will provide an in-depth

Highlights:Second quarter 2021 gross revenue increased 60% to $4.3 million as compared to $2.7 million in the second quarter of 2020First half 2021 gross revenue increased 99% to $8.5 million as compared to $4.3 million in the prior yearSecond quarter 2021 gross margin was 66%, up from 52% in the second quarter of 2020Signed a definitive agreement to acquire Waycare Technologies, Ltd., expanding our global footprint, capabilities, and product offeringsCOLUMBIA, MD / ACCESSWIRE / August 16, 2021 / Rekor Systems, Inc, (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more effi

Expands technology footprint in the US, as well as internationallyAccelerates intelligent infrastructure market access and growthExpedites access to complementary dataEnhances suite of solutions through acquisition of proprietary artificial intelligence softwareCompany to host investor conference call today at 4:30 p.m. Eastern TimeCOLUMBIA, MD / ACCESSWIRE / August 9, 2021 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, has signed a definitive agreement to acquire Waycare Technologies, Ltd. ("Waycare"), a priva

Company to host earnings call on Monday, August 16, 2021COLUMBIA, MD / ACCESSWIRE / August 6, 2021 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide intelligent infrastructure and insights that build safer, smarter and more efficient cities around the world, announced today that financial results for second quarter 2021 will be released on Monday, August 16, 2021, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.Any person interested to participate in the call should dial 877-545-0320 (North America) or 973-528-0016