Rekor Systems Q2 revenue $8.6M (+132% YoY); recurring revenue $5.8M (+178%)

Rekor Systems, Inc.

Gross revenue $8.6M vs $3.7M in Q2 2022; net loss from ops $11.1M vs $15.4M.
Recurring revenue $5.8M, up 178% YoY; performance obligations $31.8M (+48% vs Dec 2022).
Total contract value signed in Q2 was $17.6M, up 31% from Q1 and 411% YoY.
Adjusted EBITDA loss improved to $7.2M from $12.0M in Q2 2022.
Cash burn reduced to ~$5.5M in Q2 (excl one-time payments).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.