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Summary The company guides for breakeven EBITDA by Q3 2023, with "some" profitability as well - I see that as being overly optimistic. Although its transition from a point-in-time revenue model to a recurring revenue model is showing progress, the company must accelerate the process bec...
Rekor Systems ( NASDAQ: REKR ) shares rose over 14% Wednesday morning after the company announced that it was selected for a national security related application for a federal agency. The company received a purchase order extension of more than $900,000 for one-year software ...
Company's AI Software to Strengthen National Security COLUMBIA, MD / ACCESSWIRE / February 8, 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 greener cities through intellige...
Summary January 2023 was an amazing month to be long equities. The Russell 2000 index was up 9.8%. Before the first opening bell of 2023, I created an equal weighted and bespoke list of twenty nine stocks for my January Effect 2023 model portfolio. The January Effect 2023 portfolio ...
Company Solidifies Cash Position To Accelerate Business Growth and Technology Development Discussions continue with several large multinational strategic investors COLUMBIA, MD / ACCESSWIRE / January 23, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI te...
New Contract to underpin Public Safety in Mexico COLUMBIA, MD / ACCESSWIRE / January 12, 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 greener cities through intelligent in...
Summary On January 3, 2023, an hour before the first opening bell of 2023, I published a list of my top 29 January Effect 2023 stocks. As of the close of business, January 11, 2023, this portfolio is up a blistering +21.4% whereas the Russell 2000 is up 4.7%. Although this is a very...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips There is no denying that Artificial Intelligence ( AI ) will have a monumental impact on our lives in the upcoming decades. AI has the potential to completely revolutionize how we live and work, allowing us to make life easier ...
Agreements represent over $5 million in total contract value Company's vehicle classification AI begins proof of capability studies in New York State and South Carolina COLUMBIA, MD / ACCESSWIRE / January 4, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global A...
Rekor Systems ( NASDAQ: REKR ) announced it has executed a term sheet providing for the issuance of up to $15M in notes to solidify its cash position and to accelerate its growth plan. Proceeds will provide necessary funding for company's execution plan across its public safety, urban...
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Summary: New LPR service from SoundThinking called “PlateRanger™, Powered by Rekor ® ” now available for demonstration and quotation. FREMONT, Calif. and COLUMBIA, Md., July 23, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI), a leading ...
Simplified Procurement Approach Makes It Easier and Faster for States to Accelerate Roadway and Traffic Monitoring Programs COLUMBIA, MD / ACCESSWIRE / June 8, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a trusted global authority in developing and delivering roadway intelligen...
COLUMBIA, MD / ACCESSWIRE / June 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 that David Desharnais, Rekor's President and CEO, will present to the investor commun...