Rekor Systems Reports Q1 2025 Revenue Decline to $9.2M, Narrows Adjusted EBITDA Loss to $7.4M

Reuters

05-15

Rekor Systems Reports Q1 2025 Revenue Decline to $9.2M, Narrows Adjusted EBITDA Loss to $7.4M

Rekor Systems, Inc., a leader in roadway intelligence, announced its financial results for the first quarter ending March 31, 2025. The company reported a gross revenue of $9.2 million, reflecting a decrease of 6% compared to $9.8 million in the same quarter of 2024. Despite the decline in revenue, Rekor demonstrated improvements in operational efficiency, as shown by a reduction in the Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025. The net loss for the quarter was $10.874 million, narrowed from a net loss of $18.614 million in the prior year period. Rekor highlighted its strategic focus on enhancing operational efficiency and strengthening technological capabilities, aimed at driving long-term growth. The company emphasized its commitment to building on a robust financial foundation and serving massive markets worldwide with its suite of products.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rekor Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-016845), on May 14, 2025, and is solely responsible for the information contained therein.

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The company reported a gross revenue of $9.2 million, reflecting a decrease of 6% compared to $9.8 million in the same quarter of 2024. Despite the decline in revenue, Rekor demonstrated improvements in operational efficiency, as shown by a reduction in the Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025. The net loss for the quarter was $10.874 million, narrowed from a net loss of $18.614 million in the prior year period. Rekor highlighted its strategic focus on enhancing operational efficiency and strengthening technological capabilities, aimed at driving long-term growth. The company emphasized its commitment to building on a robust financial foundation and serving massive markets worldwide with its suite of products.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/REKR\">Rekor Systems Inc</a>. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-016845), on May 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"REKR","symbol_name":"Rekor Systems Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250514:nNDL7LYLNf:1","article_id":"2535148007","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535148007","pubTimestamp":1747253886,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Rekor Systems, Inc., a leader in roadway intelligence, announced its financial results for the first quarter ending March 31, 2025. The company reported a gross revenue of $9.2 million, reflecting a decrease of 6% compared to $9.8 million in the same quarter of 2024. Despite the decline in revenue, Rekor demonstrated improvements in operational efficiency, as shown by a reduction in the Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025. The net loss for the quarter was $10.874 million, narrowed from a net loss of $18.614 million in the prior year period. Rekor highlighted its strategic focus on enhancing operational efficiency and strengthening technological capabilities, aimed at driving long-term growth. 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Despite the decline in revenue, Rekor demonstrated improvements in operational efficiency, as shown by a reduction in the Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025. The net loss for the quarter was $10.874 million, narrowed from a net loss of $18.614 million in the prior year period. Rekor highlighted its strategic focus on enhancing operational efficiency and strengthening technological capabilities, aimed at driving long-term growth. The company emphasized its commitment to building on a robust financial foundation and serving massive markets worldwide with its suite of products.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rekor Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-016845), on May 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}