secwatch.observer — SEC 8-K summary
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Issuer:     CREATIVE REALITIES, INC. (CREX)
CIK:        0001356093
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001213900-22-071544
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creative Realities reports record Q3 revenue $11.2M, raises 2023 guidance to $54M
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- Record Q3 2022 revenue of $11.2M, up 135% YoY ($6.4M increase).
- Net loss of $0.6M; adjusted EBITDA of $1.2M (11.2% margin).
- Annual recurring revenue run-rate exceeds $14.5M, on track for 25% growth in 2022.
- Reaffirms 2022 revenue guidance >$43M; raises 2023 guidance to at least $54M.
- Announces 2023 adjusted EBITDA target of 15%; gross margin contracted to 40.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356093/000121390022071544/0001213900-22-071544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356093/000121390022071544/ea168527-8k_creativereal.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-071544

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer