Creative Realities, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 01:31 pm
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Creative Realities, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 9.2 million compared to USD 10.92 million a year ago. Net loss was USD 1.43 million compared to net income of USD 1.26 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to basic earnings per share from continuing operations of USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the six months, revenue was USD 19.14 million compared to USD 21.68 million a year ago. Net loss was USD 2.43 million compared to net income of USD 3.76 million a year ago. Basic loss per share from continuing operations was USD 0.33 compared to basic earnings per share from continuing operations of USD 0.62 a year ago. Diluted loss per share from continuing operations was USD 0.33 compared to diluted earnings per share from continuing operations of USD 0.62 a year ago.
Creative Realities, Inc. provides digital signage and media solutions to enhance communications in a variety of out-of-home environments, key market segments and use cases, including retail, entertainment and sports venues, restaurants, including quick-serve restaurants (QSR), convenience stores, financial services, automotive, medical and healthcare facilities, mixed use developments, corporate communications, employee experience and digital out of home (DOOH) advertising networks. Its platforms include ReflectView, Reflect Xperience, Reflect AdLogic, Clarity, Reflect Zero Touch, iShowroomProX and OSx+. Reflect Xperience is a web-based interface that allows customers to give content scheduling access to local users via the web or mobile devices, while still maintaining centralized programming control. Its technology and solutions include Digital Merchandising Systems, Digital Sales Assistants, Digital Way-Finders, Digital Kiosks, Digital Menu-Board Systems and Dynamic Digital Signage.