Rekor Systems, Inc. (REKR) Reports Q3 Loss, Lags Revenue Estimates
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Rekor Systems, Inc. (REKR) reported a Q3 loss of $0.14 per share, missing the Zacks Consensus Estimate of a $0.08 loss. This is a slight improvement from the $0.16 loss per share a year ago.
November 15, 2024 | 12:00 am
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Rekor Systems reported a Q3 loss of $0.14 per share, which is worse than the expected loss of $0.08 per share. This could negatively impact the stock price in the short term.
The reported loss per share of $0.14 is worse than the expected $0.08 loss, indicating a negative earnings surprise. This typically leads to a short-term decline in stock price as investors react to the worse-than-expected financial performance.
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