Recent Financial Performance:
• Revenue Growth: In Q2 2024, Rekor reported a 45% increase in gross revenue to $12.4 million compared to Q2 2023. 
• Net Loss: The company reported a net loss of $52.38 million over the last twelve months. 
• Earnings Per Share (EPS): The loss per share was $0.65 over the last twelve months. 
Stock Performance:
• 52-Week Range: Over the past year, the stock price has decreased by approximately 53.15%. 
• Beta: The stock has a beta of 1.86, indicating higher volatility compared to the market average. 
Analyst Ratings:
• Consensus Rating: Rekor Systems has a consensus rating of “Moderate Buy,” based on two Wall Street analysts’ ratings. 
• Price Target: The average 12-month price target is $4.50, suggesting a potential upside of approximately 432.54% from the current price. 
Recent Developments:
• SOC 2 Type II Certification: In August 2024, Rekor announced that its platforms, including Rekor Scout® and Rekor Discover™, successfully completed the SOC 2 Type II audit, reinforcing the company’s commitment to data security. 
• Strategic Contracts: The company secured significant contracts with Departments of Transportation in Texas, Ohio, and Colorado, valued at up to $15 million, marking its expansion across the United States.