Rekor Stock Climbs on Expectations for Higher 3Q Sales

Dow Jones

Oct 14

By Kelly Cloonan

Shares of Rekor Systems gained after the company forecast record sales in the third quarter, driven by higher demand for its data and software offerings.

The stock climbed 14% to $2.38 in premarket trading on Tuesday. Shares are up 33% this year through market close on Monday.

The company said Tuesday it expects to report third-quarter revenue of $13.9 million to $14.3 million. Analysts polled by FactSet forecast $12.5 million.

Rekor also expects to narrow its adjusted loss before interest, taxes, depreciation and amortization to a range of $1.6 million to $1.9 million, from $9.2 million in the prior year.

The preliminary results were driven by increased demand for data delivered as a service and software products, the Columbia, Md., company said.

Rekor expects to release its full financial results for the quarter on Nov. 13 after market close.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

October 14, 2025 09:07 ET (13:07 GMT)

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Shares are up 33% this year through market close on Monday. \n\n\n  The company said Tuesday it expects to report third-quarter revenue of $13.9 million to $14.3 million. Analysts polled by FactSet forecast $12.5 million. \n\n\n  Rekor also expects to narrow its adjusted loss before interest, taxes, depreciation and amortization to a range of $1.6 million to $1.9 million, from $9.2 million in the prior year. \n\n\n  The preliminary results were driven by increased demand for data delivered as a service and software products, the Columbia, Md., company said. \n\n\n  Rekor expects to release its full financial results for the quarter on Nov. 13 after market close. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 14, 2025 09:07 ET (13:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}