COLUMBIA, Md., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, is showcasing advances it has made in intelligent transportation at this year's ITS World Congress, taking place August 24-28, 2025 in Atlanta, Georgia. With next-generation applications, including statewide system deployments, Rekor is introducing groundbreaking advancements powered by AI and real-time data fusion that are transforming how agencies understand, manage, and optimize mobility. First Look: Cloud-Based AI That Transforms Video into Secure, Actionable Traffic Insights; Addressing

Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss by $2 million for the six-month period.Operating Expense Reduction: Reduced operating expenses by 17% quarter over quarter and year over year, reflecting strong cost discipline.Quarterly Gross Revenue: Quarterly gross revenue of $12.4 million, showing the expected rebound from the prior quarter and resulting in revenue nearly flat year-over-year.     ATM Offering has been terminated as part of strategic capital initiatives. COLUMBIA, Md., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the three- and six-month periods

COLUMBIA, Md., July 23, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will release its financial results for the second quarter of 2025 on Tuesday, August 12, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. ET to discuss its financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Dial-In:

COLUMBIA, Md. , July 02, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) (the "Company), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the extension of its Rekor Command® contract with the Central Texas Regional Mobility Authority (Mobility Authority). The $1.4 million, 5-year agreement reflects the Mobility Authority's ongoing commitment to evaluate and deploy advanced technologies to enhance incident detection, accelerate response times, and improve roadway safety across Central Texas toll roads. Initially placed in service in 2021, Rekor Command® serves as a powerful force multiplier for the Mobility Authority's Tra

COLUMBIA, Md., June 06, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) (the "Company), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced a transformative deployment with a Sun Belt state transportation agency. As part of a new state initiative to upgrade its planning and operations capabilities, Rekor will deploy 150 Rekor Discover® systems under a one-year Data-as-a-Service contract valued at $1.2 million. The Company expects all 150 systems to be installed within 60 days. The program will enable the agency to use Rekor's Roadway Data-as-a-Service model to modernize traffic data collection and monitoring. The Rekor Disco

COLUMBIA, Md., June 03, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) (the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced it has been selected for a multi-year statewide contract by the Texas Department of Transportation (TxDOT). The award approves the implementation of Rekor Command®— the Company's advanced incident management and situational awareness platform, to enhance traffic operations, reduce congestion, and improve roadway safety. It includes an eight-figure blanket purchase order that pre-authorizes all TxDOT metropolitan, urban, and rural districts to immediately adopt the technology. Texas ope

Gross Revenue: Quarterly gross revenue of $9.2 million, representing a 6% decrease from $9.8 million in 2024.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025, underscoring enhanced operational efficiency. COLUMBIA, Md., May 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the first quarter that ended March 31, 2025. "While our first quarter revenues showed a modest regression to $9.2 million due to various factors, our focus on operational efficiency has delivered considerable progress, reflected in a significant im

COLUMBIA, Md., April 23, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the" Company "), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will release its financial results for the first quarter of 2025 on Wednesday, May 14, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Di

FREMONT, Calif. and COLUMBIA, Md., April 15, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (NASDAQ:SSTI), a leading public safety technology provider, today announced the integration of PlateRanger™ powered by Rekor® (NASDAQ:REKR) – its advanced license plate and vehicle recognition (ALPR) solution – into the company's SafetySmart™ platform alongside ShotSpotter® and CrimeTracer™. These milestones strengthen SoundThinking's commitment to open standards and seamless interoperability, empowering law enforcement agencies to accelerate investigations, uncover new leads, and improve public safety outcomes by further integrating valuable information technologies. The integrations enable agencies

Record Gross Revenue: Achieved record annual gross revenue of $46.0 million, representing a 32% increase from $34.9 million in 2023.Fourth Quarter Results: Gross revenue reached an all-time quarterly high of $13.3 million in Q4 2024, marking a 20% increase compared to Q4 2023.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $6.7 million in Q4 2023 to $4.7 million in Q4 2024, underscoring enhanced operational efficiency. COLUMBIA, Md., March 31, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the fiscal year that ended December 31, 2024. Throughout 2024, Rekor demonstrat

William Blair initiated coverage of Rekor Systems with a rating of Outperform

Lake Street Capital initiated coverage of Rekor Systems with a rating of Buy

B. Riley resumed coverage of Rekor Systems with a rating of Buy and set a new price target of $26.00 from $21.50 previously

Northland Capital initiated coverage of Rekor Systems with a rating of Outperform and set a new price target of $24.00

Northland Securities initiated coverage of Rekor Systems with a rating of Outperform

B. Riley reiterated coverage of Rekor Systems with a rating of and set a new price target of $21.50 from $14.00 previously

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

4 - Rekor Systems, Inc. (0001697851) (Issuer)

Respected ITS Industry Veteran to Drive Channel Expansion in North America and Global Markets COLUMBIA, MD / ACCESSWIRE / September 3, 2024 / Rekor Systems, Inc. (NASDAQ:REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the appointment of Rish Malhotra as Executive Vice President of Global Strategic Growth. With over 20 years of international management experience in the Intelligent Transportation Solutions (ITS) sector, Mr. Malhotra will drive Rekor's strategic growth initiatives, opening new routes to market for its AI-powered transportation and traffic solutions. His leadership will be pivotal in expanding market opportunities

COLUMBIA, MD / ACCESSWIRE / March 4, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the addition of Anne Townsend to its Board of Directors ("Board") and her appointment as a member of the Board's Technology and Social Responsibility Committee. With a distinguished career spanning over two decades, Townsend brings unparalleled expertise in cybersecurity, smart cities, and urban transportation management to the Rekor Systems board of directors.As a Senior Principal Cybersecurity Engineer at The MITRE Corporation, Townsend has been at the forefront of cybersecurity an

COLUMBIA, MD / ACCESSWIRE / September 28, 2022 / Rekor Systems, Inc., (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide data-driven insights that build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced that effective September 30, 2022, Rodney Hillman, Chief Operating Officer, will be leaving Rekor to pursue other ventures. The Company's current President, David Desharnais, will succeed Hillman in an expanded role as President and Chief Operating Officer."I wish to express my deep appreciation to Rod for his many years of service to our company," said Robert A. Berman CEO and Chair,

Seasoned Technology Executive Brings Deep Experience Leading Digital Innovation and Scaling Diverse BusinessesCOLUMBIA, MD / ACCESSWIRE / January 3, 2022 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide actionable insights to build safer, smarter, and more efficient cities around the world through intelligent infrastructure, today announced the appointment of David Desharnais as President. Desharnais brings over two decades of experience leading growth strategies for technology driven businesses from start-ups to multinational corporations, including Amazon and American Express, and across multiple industries. He will re

Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss by $2 million for the six-month period.Operating Expense Reduction: Reduced operating expenses by 17% quarter over quarter and year over year, reflecting strong cost discipline.Quarterly Gross Revenue: Quarterly gross revenue of $12.4 million, showing the expected rebound from the prior quarter and resulting in revenue nearly flat year-over-year.     ATM Offering has been terminated as part of strategic capital initiatives. COLUMBIA, Md., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the three- and six-month periods

COLUMBIA, Md., July 23, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will release its financial results for the second quarter of 2025 on Tuesday, August 12, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. ET to discuss its financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Dial-In:

Gross Revenue: Quarterly gross revenue of $9.2 million, representing a 6% decrease from $9.8 million in 2024.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025, underscoring enhanced operational efficiency. COLUMBIA, Md., May 14, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the first quarter that ended March 31, 2025. "While our first quarter revenues showed a modest regression to $9.2 million due to various factors, our focus on operational efficiency has delivered considerable progress, reflected in a significant im

COLUMBIA, Md., April 23, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the" Company "), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will release its financial results for the first quarter of 2025 on Wednesday, May 14, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Di

Record Gross Revenue: Achieved record annual gross revenue of $46.0 million, representing a 32% increase from $34.9 million in 2023.Fourth Quarter Results: Gross revenue reached an all-time quarterly high of $13.3 million in Q4 2024, marking a 20% increase compared to Q4 2023.Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $6.7 million in Q4 2023 to $4.7 million in Q4 2024, underscoring enhanced operational efficiency. COLUMBIA, Md., March 31, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR), a global leader in roadway intelligence, today announced its financial results for the fiscal year that ended December 31, 2024. Throughout 2024, Rekor demonstrat

COLUMBIA, Md., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the" Company "), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will report record annual and quarterly revenue when it releases financial results for FY2024 on Monday, March 31, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: No

Highlights Q3 2024 gross revenue increased 16% to $10.5 million compared to $9.1 million in Q3 2023Q3 recurring revenue increased 14% to $5.5 million compared to $4.8 millionRekor Discover™ now on the Florida DOT Approved Product List, and deployments commencedOur 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 begi

Company will host earnings call on Thursday, November 14, 2024 COLUMBIA, MD / ACCESSWIRE / October 14, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor "or the" Company "), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its financial results for the third quarter of 2024 will be released on Thursday, November 14, 2024, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call usin

Highlights:Received $15 million prepaid advance under facility to provide up to $35 million in financing, strengthening the Company's financial position and supporting future growth initiativesQ2 2024 gross revenue increased 45% to $12.4 million compared to $8.6 million in Q2 2023Q2 year-to-date 2024 gross revenue increased 51% to $22.2 million compared to $14.7 million in 2023Improved Adjusted EBITDA from a loss of $7.2 million for Q2 2023 to a loss of $5.8 million for Q2 2024Secured $1.5 million contract with Maryland DOT for the Strategic Corridor Monitoring projectExpanded adoption of the Rekor CommandTM platform by transportation agencies in Oklahoma, Kansas, and Umatilla County, Oregon

Company will host earnings call on Wednesday, August 14, 2024 COLUMBIA, MD / ACCESSWIRE / July 30, 2024 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that its financial results for the second quarter of 2024 will be released on Wednesday, August 14, 2024, after market close. On the same day, the company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results.CONFERENCE CALL INFORMATIONAny person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the