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Stock impact report

Creative Realities Reports Fiscal 2024 Third Quarter Results

Creative Realities, Inc. (CREX) 
NASDAQ:AMEX Investor Relations: cri.com
Company Research Source: GlobeNewswire
LOUISVILLE, Ky., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced its financial results for the fiscal third quarter ended September 30, 2024. Highlights: Record third quarter revenue of $14.4 million, up 25% from $11.6 million in the prior-year periodGross profit of $6.6 million for the three months ended September 30, 2024 versus $5.3 million in the third quarter of fiscal 2023, an increase of 25%Net Income improved by $1.9 million during third quarter, to breakeven, as compared to third quarter prior yearAdjusted EBITDA* of $2.3 million for the third quarter of 2024 versus $1.0 million in the prior-year period, an increase of 122%Annual recurring revenue (“ARR”) of approximately $18.1 million at the end of the third quarter versus $18.0 million as of June 30, 2024 “Our financial results – including third quarter record revenue and Show less Read more
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