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.
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