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• Rekor Systems Inc REKR.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of two analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -14 cents to -11 cents per share.

• Revenue rose 45.1% to $12.43 million from a year ago; analysts expected $12.15 million.

• Rekor Systems Inc's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $9.8 million.

• Rekor Systems Inc shares had fallen by 9.7% this quarter and lost 58.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 47.1% in the last three months.​

• In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," "hold" and "sell" or "strong sell."

• The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Rekor Systems Inc is $4.50

This summary was machine generated from LSEG data August 15 at 04:43 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)