Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced its financial results for the year ended December 31, 2019, including the quarter ended as of the same date.
Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced today that based on a notification letter (the "Notification Letter on Compliance") recently received from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (the "Nasdaq"), the Company has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules (the "Minimum Bid Price Requirement").
Creative Realities, Inc. (NASDAQ:CREX) shareholders should be happy to see the share price up 13% in the last week...
Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced today that it will release its financial results for the three months ended March 31, 2020 after the market close on Thursday, May 14, 2020. A conference call to review the results is scheduled for Friday, May 15, 2020 at 9:00 am Eastern Time, which will include prepared remarks from management followed by a live Q&A.; The call will be hosted by Rick Mills, Chief Executive Officer, and Will Logan, Chief Financial Officer.
Anyone researching Creative Realities, Inc. (NASDAQ:CREX) might want to consider the historical volatility of the...
Ever the trend-setter, Amazon (AMZN) made headlines last week when it was reported that the company has begun setting up thermal cameras at its warehouses, the better to monitor its employees' health -- and specifically, whether they have the kind of high temperatures suggestive of infection with the SARS-CoV-19 novel coronavirus.Investors quickly flocked to purchase shares of the leading and best-known thermal camera maker -- FLIR Systems. But this week, we learned that a significantly less-known thermal vision company is aiming to steal of bit of FLIR's market share, and make workplaces safer for employees and customers alike in the process.Creative Realities (CREX) is the company in question, and if you've never heard of it, don't be embarrassed. Most people haven't.Creative Realities, you see, is only a microcap stock, and almost entirely unfollowed on Wall Street. The one analyst we do know who does cover it, moreover -- Benchmark analyst Bill Sutherland \-- gives the company short shrift. Back in March, Sutherland downgraded the stock from "buy" to "hold," unimpressed with the company's Q4 sales growth (16%) and predicting a decline in revenues in 2020 because of "the impact of coronavirus." That appears to have been a 180-degree wrong call. (You may want to check Sutherland's track record on TipRanks)On Tuesday, Creative Realities stock suddenly quadrupled in value -- because investors think coronavirus will be a catalyst for this company's business, and not an obstacle.Which brings us to the news.On Tuesday, Creative Realities announced that it has begun marketing its "Safe Space Solutions" product as "a turnkey, plug-and-play solution that addresses the urgent need for businesses and employers to build consumer and employee confidence as the world goes back to work as stay-at-home orders are reduced or relieved throughout the United States."The product, now rebranded "Thermal Mirror," consists of a "non-contact temperature inspection 'station'." Essentially, this is a tablet computer on a stand, equipped with software and sensors that enable it to take a user's temperature from a short distance away (so "non-contact"), and then display the results on the screen with an accuracy of plus or minus half a degree Celsius.Thermal Mirror's artificial intelligence software also enables the device to automatically recognize a user's "face," so as to know when to begin taking temperatures, and to wirelessly pass the results of temperatures it takes along to the business where it is installed in the form of "daily reports, trending, and alerts." With the help of cloud computing, this should permit management to quickly take appropriate actions -- such as, for example, excluding a high-risk customer from the premises or sending an employee with a high temperature home until the temperature normalizes.Creative Solutions CEO Rick Mills believes the Thermal Mirror device "is an ideal solution" to help businesses keep their workers, and their customers safe from exposure to the novel coronavirus, while its AI "analytics ... help our clients meet their operational, compliance and HR requirements." The company did not disclose a price for the product, but the implication is that it will be less than the "$5,000 [to] $20,000" unit cost of other companies' thermal scanning solutions -- prices Creative Solutions criticizes as "cost prohibitive for use at scale."Whether it can do this and also generate enough revenue for Creative Solutions to justify a quadrupling in the stock's share price remains to be seen.To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
LOUISVILLE, Ky., Aug. 8, 2019 /PRNewswire/ -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced its financial results for the three- and six-months ended June 30, 2019. Revenues were $9.3 million for the three-month period ended June 30, 2019, an increase of $2.1 million, or 30%, compared to the same period in 2018. Hardware revenue decreased approximately $1.2 million, or 42%, in the second quarter of 2019 as compared to the same period in the prior year driven by a $1.7 million hardware-only project in the second quarter of 2018 which did not recur in 2019, partially offset by an increase in hardware sales to other customers.
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
NEW YORK, NY / ACCESSWIRE / November 5, 2019 / Crexendo, Inc. (OTCQX: CXDO ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on November 5, 2019 at 5:30 PM Eastern ...
Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced today that it will release its financial results for the year ended December 31, 2019 after the market close on Thursday, March 12, 2020. A conference call to review the results is scheduled for Friday, March 13, 2020 at 9:00 am Eastern Time, which will include prepared remarks from management followed by a live Q&A.; The call will be hosted by Rick Mills, Chief Executive Officer, and Will Logan, Chief Financial Officer.
LOUISVILLE, Ky., Nov. 14, 2019 /PRNewswire/ -- On November 6, 2019, Creative Realities, Inc. (the "Company", "Creative Realities") (NASDAQ: CREX, CREXW) engaged Deloitte & Touche LLP ("Deloitte", "Successor Auditor") as the Company's new independent registered public accounting firm to audit the Company's financial statements commencing fiscal year 2020, subject to Deloitte's completion of its customary client acceptance procedures, which the Company expects to be completed shortly. Concurrent with the decision to engage Deloitte as the Company's independent registered public accounting firm, the Company's Audit Committee and the Board of Directors dismissed EisnerAmper LLP ("Eisner", "Former Auditor") as the Company's independent registered public accounting firm in connection with auditing the Company's financial statements commencing fiscal year 2020.
Anyone researching Creative Realities, Inc. (NASDAQ:CREX) might want to consider the historical volatility of the...
Creative Realities, Inc. (NASDAQ:CREX) shareholders should be happy to see the share price up 12% in the last month...
LOUISVILLE, Ky., Nov. 7, 2019 /PRNewswire/ -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced its financial results for the three- and nine-months ended September 30, 2019. Rick Mills, Chief Executive Officer, remarked, "First and foremost I would like to thank Alec Machiels, who has stepped down effective November 8, 2019 as the Company's Chairman of the Board, for his service to the Company over the past 5 years. Mr. Mills added, "CRI achieved quarterly revenue of $6.7 million for the three-months ended September 30, 2019, resulting in year-to-date revenue $25.5 million for the nine-months ended September 30, 2019.
LOUISVILLE, Ky., July 31, 2019 /PRNewswire/ -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced today that it will release its financial results for the three and six months ended June 30, 2019 after the market close on Thursday, August 8, 2019. A conference call to review the results is scheduled for Friday, August 9, 2019 at 9:00 am Eastern Time, which will include prepared remarks from management followed by a live Q&A. The call will be hosted by Rick Mills, Chief Executive Officer, and Will Logan, Chief Financial Officer. Creative Realities helps clients use the latest omnichannel technologies to inspire better customer experiences. Founded over 15 years ago, CRI designs, develops and deploys consumer experiences for high-end enterprise level networks, and is actively providing recurring SaaS and support services for more than fifteen diverse vertical markets, including but not limited to Automotive, Advertising Networks, Apparel & Accessories, Convenience Stores, Foodservice/QSR, Gaming, Theater, and Stadium Venues.
LOUISVILLE, Ky., Nov. 1, 2019 /PRNewswire/ -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced today that it will release its financial results for the three and nine months ended September 30, 2019 after the market close on Thursday, November 7, 2019. This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and includes, among other things, discussions of our business strategies, future operations and capital resources.
Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital marketing solutions, announced its financial results for the first quarter ended March 31, 2020.
Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading expert and provider of digital marketing solutions, announced today the launch of an AI-integrated non-contact temperature inspection "station" known as the "Thermal Mirror," which is available for immediate order in North America. The Thermal Mirror is a turnkey, plug-and-play solution that addresses the urgent need for businesses and employers to build consumer and employee confidence as the world goes back to work as stay-at-home orders are reduced or relieved throughout the United States.
Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Creative Realities, Inc. (NASDAQ: CREX).
Rick Mills has been the CEO of Creative Realities, Inc. (NASDAQ:CREX) since 2015. This analysis aims first to contrast...