Rekor Systems Reports Preliminary Q2 Financial Improvement Amid Cost Cuts
Rekor Systems (NASDAQ:REKR) reported preliminary second-quarter revenue of $12.6 million, up 22% sequentially and 2% year-over-year, with an expected Adjusted EBITDA loss narrowing to approximately $1.3 million due to cost-cutting measures. The company anticipates achieving Adjusted EBITDA profitability in the second half of 2026.
Topics: cost_reduction ebitda_profitability financial_performance