Rekor Systems Q1 revenue $9.2M (-6% YoY); adjusted EBITDA loss narrows to $7.4M

Rekor Systems, Inc.

Gross revenue $9.2M, down 6% from $9.8M in Q1 2024 due to weather and government uncertainty.
Adjusted EBITDA loss narrowed to $7.4M from $9.4M, reflecting operational efficiency gains.
Net loss improved to $10.9M from $18.6M; loss from operations $10.1M vs $12.9M.
Company implementing General Manager structure with full P&L accountability per business unit.
CFO Eyal Hen cites progress toward sustainable profitability despite revenue decline.

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