Rekor expects to report gross revenue exceeding $4.2 million for the first quarter of 2021.
April 19, 2021
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%.
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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.
Rekor has expanded its channel partner program and launched its partner portal, which will connect Rekor partners with relevant training and collateral resources, as well as enable opportunity tracking and support inquiries.
Rekor reports its financial results for the year-ended December 31, 2020. During 2020, Rekor was selected by multiple resellers and formed partnerships with various companies, including Mastercard® and White Castle®, to use an array of technology.
Rekor's financial results for the fourth quarter and year ended December 31, 2020, will be released Wednesday, March 10, 2021. The company will host a conference call at 4:45 p.m. Eastern time to discuss the financial results.
Rekor announced today that on February 20, 2021, it had advised Iteris, Inc. (ITI) that it was prepared to offer to purchase all of Iteris' outstanding common stock. The offer to Iteris was for a combination of cash and common stock.
The State of North Dakota Parks and Recreation Department has selected Rekor One™ to help state park leadership understand use patterns and plan for future needs.
