24/7 Market News Snapshot 12 August, 2025 – Rekor Systems, Inc. Common Stock (NASDAQ:REKR)
DENVER, Colo., 12 August, 2025 (www.247marketnews.com) – (NASDAQ:REKR) are discussed in this article.
Rekor Systems, Inc. (NASDAQ:REKR), a leader in roadway intelligence solutions, is experiencing positive market momentum, with shares trading at $1.215, reflecting an increase of approximately 11.47%. This rise aligns with the company’s recent announcement of its financial results for the second quarter and first half of 2025. During this period, Rekor reported gross revenues of $12.4 million, indicative of a rebound compared to the prior quarter and consistent performance year-over-year.
The company has made strides in operational efficiency, successfully reducing operating expenses by 17% relative to both the previous quarter and the same period last year. Notably, the Adjusted EBITDA loss has decreased by $2 million over the six months, underscoring Rekor’s focus on cost discipline and strategic initiatives in a challenging market. Eyal Hen, Chief Financial Officer, highlighted significant progress in financial performance, citing the need for continued disciplined execution to ensure sustainable growth.
Key developments include a statewide blanket purchase order for Rekor Command® secured from a major transportation authority and an expansion partnership with the Central Texas Regional Mobility Authority. Such collaborations not only enhance operational capabilities but also demonstrate the tangible benefits of Rekor’s innovative technologies.
Moreover, the company is set to implement a $1.2 million Data-as-a-Service agreement, which entails the installation of 150 Rekor Discover® systems to provide advanced traffic data solutions that comply with federal regulations. This initiative aims to bolster safety and operational efficiency while promoting recurring revenue streams.
CEO Robert A. Berman emphasized the company’s commitment to building a connected intelligence infrastructure that modern transportation requires. As Rekor Systems ventures into the second half of 2025, it remains focused on delivering cutting-edge solutions that empower agencies with actionable insights, ultimately enhancing roadway safety.