Rekor Systems to Deliver Record Q2 2023 Revenue of Over $8.0M, Up Over 110% YoY And Over 30% QoQ
Portfolio Pulse from Benzinga Newsdesk
Rekor Systems, Inc. (NASDAQ:REKR) expects to report gross revenue exceeding $8.0 million for Q2 2023, representing a YoY growth of over 110% and a QoQ growth of over 30%. The company will announce full financial results on August 15, 2023.
July 17, 2023 | 11:34 am
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Rekor Systems expects a significant increase in Q2 2023 revenue, which could positively impact its stock price.
Rekor Systems' expected revenue growth for Q2 2023 is significantly higher than the same period last year and the previous quarter. This strong financial performance could increase investor confidence and drive up the company's stock price in the short term.
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