Welcome to our dedicated page for Creative Realities news (Ticker: CREX), a resource for investors and traders seeking the latest updates and insights on Creative Realities stock.
Creative Realities Inc (CREX) delivers innovative digital signage and marketing technology solutions that power customer experiences across retail, sports, and entertainment sectors. This news hub provides investors and industry professionals with essential updates about the company's strategic developments and market position.
Access official press releases and curated analysis covering CREX's product innovations, partnership announcements, and financial performance. Our repository includes updates on digital merchandising systems, omnichannel engagement platforms, and enterprise CMS deployments that demonstrate the company's leadership in interactive customer experiences.
Key coverage areas include earnings disclosures, technology patent filings, retail media network expansions, and strategic collaborations within the digital signage ecosystem. All content is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for streamlined access to CREX's latest developments in digital menu board technologies, venue-specific solutions, and SaaS platform enhancements that are reshaping consumer engagement across physical and digital channels.
Creative Realities, Inc. (NASDAQ: CREX) will release its financial results for Q2 2021 on August 16, 2021, after market close. A conference call hosted by CEO Rick Mills and CFO Will Logan is scheduled for August 17, 2021, at 9:00 AM ET, featuring management remarks and a Q&A session. Participants can register for the call via a provided link. CRI focuses on omnichannel technologies to enhance customer experiences in sectors like Automotive, Retail, and Foodservice, with operations in North America and installations in over 10 countries.
Creative Realities reported a revenue of $5.0 million for Q1 2021, a 35% increase compared to Q1 2020. The company achieved breakeven operating results and a net income of $1.3 million. Hardware sales surged 106% to $2.8 million driven by Safe Space Solutions. They successfully forgave their PPP loan and refinanced debts, improving financial stability. Despite positive results, challenges like customer reopening delays and chip shortages may impact future revenues. A conference call for further details is set for May 18, 2021.
Creative Realities, Inc. (NASDAQ: CREX) will release its financial results for Q1 2021 on May 17, 2021, after market close. A conference call is scheduled for May 18, 2021, at 9:00 AM ET, featuring CEO Rick Mills and CFO Will Logan. Participants can register for the call via a provided link and will have access to an archived version later. Creative Realities specializes in omnichannel technologies for enhancing customer experiences across various sectors, including Automotive and Foodservice.
Creative Realities, Inc. (NASDAQ: CREX) announced that CEO Rick Mills will present at the Inaugural Emerging Growth Virtual Conference on March 17-18, 2021, from 9:00 am-5:00 pm EST. The event, hosted by M Vest LLC and Maxim Group LLC, will feature discussions with C-suite executives, fireside chats, and presentations from various industry leaders. Creative Realities specializes in omnichannel digital marketing solutions, serving multiple sectors across North America and beyond. To attend, participants must sign up for M-Vest membership.
Creative Realities, Inc. (CREX) reported FY 2020 results, revealing a revenue decline of 45% to $17.5 million, attributed to the pandemic's impact. Hardware revenues rose by 9.3%, driven by Safe Space Solutions, while services revenue dropped 63.8%. The net loss increased to $16.8 million, compared to a profit in 2019. Positive EBITDA emerged in Q4, indicating operational stability. Future growth is expected with a focus on digital technologies as the market reopens. The company refinanced its debt and secured a PPP loan forgiveness, strengthening its financial position.
Creative Realities, Inc. (NASDAQ: CREX) announced a restructuring of its debt to enhance liquidity and support future growth initiatives. Key actions include eliminating a three times liquidation preference on a loan, increasing liquidity by $1 million through a new credit facility, and extending debt maturity from June 30, 2021, to March 31, 2023. Additionally, the company plans to reduce outstanding debt by converting it into common stock based on a recent market price. CEO Rick Mills expressed confidence in pursuing growth opportunities as the market recovers from the COVID-19 pandemic.
Creative Realities, Inc. (NASDAQ: CREX) has been engaged to provide digital signage solutions to a major convenience store chain expected to grow to 14,000 stores in the U.S. and Canada. This partnership includes hardware sales and content management through CRI's proprietary platform for a 36-month term. In Q1 2021, CRI began converting over 8,000 displays to its Clarity solution, aiming for 10,000+ displays in the first year. The dynamic menu board system will enhance customer experience and optimize store performance through rich analytics.
Creative Realities, Inc. (NASDAQ: CREX) will announce its financial results for the year ended December 31, 2020, on March 9, 2021, after market close. A conference call is scheduled for March 10, 2021, at 9:00 AM ET, featuring CEO Rick Mills and CFO Will Logan to discuss the results and participate in a Q&A session. Interested participants must register in advance to access the live webcast. The company provides digital marketing solutions across various industries, focusing on customer experience enhancements through omnichannel technologies.
Creative Realities, Inc. (NASDAQ: CREX) announced a definitive agreement for a registered direct offering of 800,000 shares at $2.50 per share, totaling approximately $2.0 million. The transaction, set to close around February 22, 2021, is subject to customary closing conditions. This offering will utilize an existing shelf registration statement filed with the SEC. The funds from this offering are expected to bolster the company's operational capacity across various vertical markets, including Automotive and Foodservice.
Creative Realities, Inc. (NASDAQ: CREX) issued a press release on January 4, 2021, to inform investors about unauthorized information circulated via a Twitter account, @CRITechExp. The company clarified that this account is not affiliated with them and has been removed after notifying Twitter. CRI emphasized that no official communications were made through this channel, urging investors to disregard any information from it. Creative Realities specializes in digital marketing solutions across various industries and has been in operation for over 15 years.
