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Stock impact report

Creative Realities Reports Fiscal 2024 Second Quarter Results [Yahoo! Finance]

Creative Realities, Inc. (CREX) 
NASDAQ:AMEX Investor Relations: cri.com
Company Research Source: Yahoo! Finance
Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced its financial results for the fiscal second quarter ended June 30, 2024. Highlights: Record second quarter revenue of $13.1 million, up 43% from $9.2 million in the prior-year period Gross profit of $6.8 million for the three months ended June 30, 2024 versus $4.3 million in the second quarter of fiscal 2023 Adjusted EBITDA* of $1.5 million for the second quarter of 2024 versus $0.3 million in the prior-year period Annual recurring revenue (“ARR”) of approximately $18.0 million at the end of the second quarter versus $17.7 million as of March 31, 2024 On May 28, Creative Realities completed the previously-announced agreement with First Merchants Bank (“FMB”) for a $22.1 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature; the Revolver was used to pay off all of the Company's $13.6 million of existi Show less Read more
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