NASDAQ$REKR
Rekor Systems Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Rekor Systems reported its financial results, focusing on streamlining operations and integrating strategic acquisitions.
Rekor Systems reported a revenue increase for the year ended December 31, 2022, driven primarily by the STS acquisition and a focus on recurring revenue contracts. The company also saw a reduction in operating expenses during the fourth quarter due to streamlining activities.
- Revenue increased by 72% compared to the previous year, reaching $19.92 million.
- Recurring revenue increased by 182% compared to the previous year, reaching $13.091 million.
- Contracts won during the year were valued at $21.962 million, a 146% increase year-over-year.
- Operating expenses decreased by $3.95 million in Q4 2022 compared to Q3 2022 due to streamlining activities.
Headline financials
Revenue & EPS history
Rekor Systems · Revenue · Quarterly
$4.55M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2022
-3.7%
Avg return
Earnings day
-6.7%
Avg return
5 days after
+0.1%
Avg return
30 days after
33%
12 / 36 earnings
Positive
+19.2%
Q4 2020
Best reaction
-40.5%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +8.1% | -2.2% | — | |
| Q1 2026 | +1.4% | -12.4% | -21.6% | |
| Q3 2025 | +6.0% | -6.4% | -14.2% | |
| Q4 2024 | +1.5% | -21.1% | +15.0% | |
| Q3 2024 | -21.5% | -20.2% | -25.9% | |
| Q2 2024 | -8.6% | -1.4% | -12.9% | |
| Q1 2024 | -16.9% | -8.8% | -11.8% | |
| Q4 2023 | +0.5% | +13.9% | -10.4% | |
| Q3 2023 | -1.5% | +1.9% | +6.3% | |
| Q2 2023 | -5.7% | +19.4% | +40.3% | |
| Q1 2023 | +0.8% | +10.4% | +46.7% | |
| Q4 2022 | -5.8% | -10.1% | -12.9% | |
| Q3 2022 | -1.9% | -13.0% | -26.9% | |
| Q2 2022 | -5.4% | -4.3% | -37.3% | |
| Q1 2022 | -11.8% | -14.2% | -24.6% | |
| Q4 2021 | +0.4% | -17.0% | -39.4% | |
| Q3 2021 | -36.6% | -31.4% | -38.6% | |
| Q2 2021 | +0.0% | -0.6% | +45.6% | |
| Q1 2021 | -40.5% | -48.9% | -39.7% | |
| Q4 2020 | +19.2% | +18.9% | +46.1% | |
| Q3 2020 | +3.7% | +9.3% | +36.9% | |
| Q2 2020 | -4.3% | +4.8% | +62.5% | |
| Q1 2020 | -11.0% | -14.5% | -15.5% | |
| Q4 2019 | +16.7% | +4.1% | +19.9% | |
| Q3 2019 | -8.8% | -7.5% | +35.0% | |
| Q2 2019 | -10.3% | +6.3% | -22.5% | |
| Q1 2019 | +0.0% | -5.7% | +14.1% | |
| Q4 2018 | +0.0% | -5.7% | +14.1% | |
| Q3 2018 | -5.0% | +10.0% | -11.9% | |
| Q2 2018 | -7.0% | -29.2% | -34.1% | |
| Q1 2017 | -6.2% | -15.4% | -27.4% | |
| Q4 2017 | +9.4% | -22.6% | -19.4% | |
| Q1 2018 | +9.4% | -22.6% | -19.4% | |
| Q3 2017 | +0.0% | -1.4% | +28.8% | |
| Q3 2016 | +0.0% | -1.4% | +28.8% | |
| Q4 2016 | +0.0% | -1.4% | +28.8% | |
| Q2 2017 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro