Does this make you jealous too??? Company will announce the full financial results for the second quarter of 2023 on Tuesday, August 15, 2023, after market close
COLUMBIA, MD / ACCESSWIRE / July 17, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company, a leader in providing the intelligent infrastructure solutions that are making the world's roadways safer, greener and more efficient, today announced that it expects to report gross revenue exceeding $8.0 million for the second quarter of 2023 as compared to $3.7 million the same period last year, which represents growth of more than 110% and in excess of 30% growth over Q1 2023.
I know that some here say, get the results and the share price will follow, but here is an ITS stock that has less than 1/2 IRD revenue and loses about $10M per quarter, while IRD is profitable. Once there is evidence that ETC's margin issue is under control, the QTRH IR team needs to get on the road in Q4 and Q1 and tell the story, especially in the US market.