Rekor has announced its unaudited financial results for the first quarter of 2021.
Rekor has proven success delivering innovative technology to global clients in the government and commercial sectors to enable faster and more informed decisions.
Rekor has successfully enabled hundreds of organizations across countless industries to achieve their goals.
Rekor’s AI-driven hardware and software solutions provide unparalleled data, performance, and capability.
Rekor’s technology is deployed and operates in over 500 regions worldwide on over 9,000 lanes of traffic.
Rekor's AI-driven vehicle recognition allows retailers to conduct safe and efficient contactless transactions. Customized dashboards provide real-time customer insights to help drive personalized experiences and make businesses more profitable.
Rekor provides businesses and property managers with actionable, real-time data to enable informed decisions and automate operations. Through secure and intelligently integrated solutions, users can increase security, manage customer churn, and improve revenue opportunities.
With a client-base that includes the United States Department of Defense, Swedish Customs, major metropolitan cities, local law enforcement agencies, and more, Rekor's real-time intelligence helps municipalities and communities become smarter and more efficient while deterring and solving crimes.
State-of-the-art roadway intelligence is made possible by Rekor One. By serving multiple missions from a single source, Rekor One provides actionable data that helps cities, counties and states improve infrastructure, increase safety and generate revenue.
Rekor has announced its unaudited financial results for the first quarter of 2021 with revenue for the three months ended March 31, 2021, increased $2,621,000 or 164% to $4,216,000, compared to $1,595,000 for the three months ended March 31, 2020.
Rekor expects to report gross revenue exceeding $4.2 million for the first quarter of 2021 as compared to $1.6 million the same quarter of 2020, which represents growth of more than 160%.
Rekor President and Chief Executive Officer, Robert A. Berman, will be presenting at the Planet MicroCap Showcase on Thursday, April 22 at 9:00 am EST.
