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Stock impact report

Creative Realities Reports Fiscal 2023 Fourth Quarter Results

Creative Realities, Inc. (CREX) 
NASDAQ:AMEX Investor Relations: cri.com
Company Research Source: GlobeNewswire
LOUISVILLE, Ky., March 21, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, announced its financial results for the fiscal fourth quarter and year ended December 31, 2023. Highlights: All-time record revenue of $14.5 million ($15.4 million*) and $45.2 million ($46.1 million*) for the fourth quarter and full year 2023, respectivelyAll-time record gross profit of $7.5 million and $22.2 million for the fourth quarter and full year 2023, respectivelyAll-time record Adjusted EBITDA** of $2.8 million and $5.1 million for the fourth quarter and full year 2023, respectivelyAnnual recurring revenue (“ARR”) rose to an all-time high of a $16.3 million run rate exiting 2023; Company increasing 2024 exit run rate guidance to $20.0 million from $18.0 million “I am pleased to report that the Company generated all-time record quarterly revenue of $14.5 million i Show less Read more
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