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Stock impact report

Rekor Systems Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Rekor Systems, Inc. (REKR) 
Company Research Source: Yahoo! Finance
Q3 2024 gross revenue increased 16% to $10.5 million compared to $9.1 million in Q3 2023 Q3 recurring revenue increased 14% to $5.5 million compared to $4.8 million Rekor Discover™ now on the Florida DOT Approved Product List, and deployments commenced Our CEO, David Desharnais, was inducted into the ITS America Board COLUMBIA, Md., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor" or the "Company"), a leader in developing and implementing advanced roadway intelligence technology, today announced its financial results for the quarter ending September 30, 2024. Rekor Discover™ was recently added to the Florida DOT's Approved Product List and is now beginning implementation across all Florida DOT districts simultaneously. In October, we amended the Pre-Paid advance Agreement with an affiliate of Yorkville Global Advisors, LP and eliminated the option for additional advances to the Company of $20 million. Below are some highlights of the Company's o Show less Read more
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