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CREATIVE REALITIES, INC. - CREX STOCK NEWS

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. (NASDAQ: CREX) is a creative technology company that specializes in designing, developing, and deploying marketing technology experiences. With a focus on digital marketing technology and solutions, the company transforms the consumer and shopper journey into intelligent, responsive, and immersive experiences.

Creative Realities operates in one reportable segment: marketing technology solutions. It caters to global retail companies, luxury brands, advertising networks, outdoor clients, enterprises, and other organizations. The company offers a suite of solutions, including digital merchandising systems, omnichannel customer engagement systems, interactive digital shopping assistants, advisors and kiosks, and high-end audio-visual networks.

In the realm of marketing technologies, Creative Realities provides services in mobile, social media, point-of-sale transactions, beaconing, and web-based media. It has developed thousands of digital solutions that inspire and enhance customer experiences. The company's flagship products, ClarityHub™, ReflectView™, and AdLogic™, are designed specifically for the food service, retail, and media network segments, providing robust, scalable, and reliable cloud-based solutions.

Creative Realities has reported record revenue, gross profit, and adjusted EBITDA for the fiscal year ended December 31, 2023, showcasing strong financial growth. The company's recent initiatives include deployment services to EMEA integrators in North America, aiming to capitalize on key verticals such as Retail, Convenience Stores, and Food Service/Restaurant Segments.

The company is also well-positioned as a go-to resource for large-scale deployments in North America, offering project management, procurement, installation services, and ongoing support, including content creation. Creative Realities was recognized as one of the fastest-growing digital signage software platforms in 2023 by Invidis Consulting, with 275,000 active licenses and a growth rate surpassing the market average.

With a mission to use omnichannel technologies to inspire better customer experiences, Creative Realities continues to innovate and expand its offerings across diverse vertical markets. The company remains committed to providing enterprise-level networks with recurring SaaS and support services, ensuring effective and engaging digital marketing solutions.

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Creative Realities, Inc. (NASDAQ: CREX) reported record revenue, gross profit, and Adjusted EBITDA for the fiscal fourth quarter and year ended December 31, 2023. The company achieved all-time highs in revenue, gross profit, and Adjusted EBITDA, with annual recurring revenue reaching $16.3 million and an increased 2024 exit run rate guidance of $20.0 million. CEO Rick Mills highlighted the strong financial performance, emphasizing the focus on high-margin subscription SaaS revenue.
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Creative Realities, Inc. to release financial results for the year ended December 31, 2023. Conference call scheduled for March 21, 2024, with CEO and CFO participation.
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Creative Realities, Inc. collaborates with Departure Media to enhance airport advertising through innovative technology-driven solutions at Cincinnati/Northern Kentucky International Airport. The partnership aims to create visually appealing environments that benefit travelers and advertisers alike.
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Creative Realities, Inc. partners with IceBox Network to introduce unique advertising opportunities atop ice merchandisers, creating a widespread digital display network across retail stores. The collaboration leverages ReflectView™ CMS and Reflect AdLogic™ platform to provide targeted ad placements, reaching 85,000 end points in 37 states. This partnership revolutionizes retail advertising by expanding in-store point-of-purchase opportunities and streamlining the ad buying process.
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Creative Realities, Inc. (NASDAQ: CREX, CREXW) is set to make its debut as an exhibitor at NRF 2024: Retail’s Big Show, showcasing innovative digital signage solutions for both Retail and Food and Beverage environments. The company will highlight the newly introduced Food Service Innovation Zone, demonstrating a connected drive-thru experience and expertise in digital signage solutions tailored for retail environments.
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Creative Realities, Inc. (NASDAQ: CREX, CREXW) partners with veteran-founded Black Rifle Coffee to revolutionize in-store digital experience, aiming to improve ordering, optimize transactions, and deliver value.
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Creative Realities, Inc. (NASDAQ: CREX, CREXW) collaborates with Paradies Lagardère to enhance over 700 retail and restaurant locations across 90+ airports in North America with dynamic digital screens & LED walls, aiming to captivate travelers this holiday season. The deployment aims to redefine airport retail by blending cutting-edge technology with curated consumer experiences, setting new standards in travel retail. The LED installations serve as a testament to Paradies Lagardère’s dedication to offering travelers a visually captivating and engaging shopping experience.
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Creative Realities, Inc. (NASDAQ: CREX, CREXW) announces record 3Q 2023 revenue of $11.6 million, gross profit of $5.3 million (45.8%), and annual recurring revenue run-rate of ~$15.6 million. Projected 4Q revenue is $15.8- $17.8 million. 2024 revenue is projected at $60-80 million. The company also projects an exit ARR run rate of $18.0 million for 2024.
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Creative Realities, Inc. (NASDAQ: CREX, CREXW, CRI) has been named a finalist in the Venue category of the 2023 Digital Signage Experience Award for the digital transformation efforts for the San Antonio Spurs at Frost Bank Center, previously named ATT Center.
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Digital signage leader Creative Realities, Inc. has released findings from its report 'Menu Mastery: Unveiling American Ordering Habits.' The report reveals that most Americans stick to their favorite items when ordering from quick-service restaurants (QSRs), but menu images have a strong influence on their choices. Drive-thrus are the most popular ordering method, followed by ordering via app and ordering at the counter. Great imagery, limited-time offers, and seasonal specials can inspire order changes. In-store promotional signage has a greater impact on ordering behavior than social media or word-of-mouth.
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FAQ

What is the current stock price of CREATIVE REALITIES (CREX)?

The current stock price of CREATIVE REALITIES (CREX) is $3.16 as of November 19, 2024.

What is the market cap of CREATIVE REALITIES (CREX)?

The market cap of CREATIVE REALITIES (CREX) is approximately 34.2M.

What does Creative Realities, Inc. do?

Creative Realities, Inc. designs, develops, and deploys marketing technology experiences, providing digital solutions to enhance consumer and shopper journeys.

Which industries does Creative Realities serve?

The company serves global retail companies, luxury brands, advertising networks, outdoor clients, enterprises, and more.

What are the core products of Creative Realities?

Core products include ClarityHub™, ReflectView™, and AdLogic™, designed for food service, retail, and media network segments, respectively.

What recent financial achievements has the company reported?

Creative Realities reported record revenue, gross profit, and adjusted EBITDA for the fiscal year ended December 31, 2023.

How does Creative Realities support EMEA integrators?

The company offers deployment services, project management, procurement, installation, and support services to EMEA integrators in North America.

What makes Creative Realities' CMS platforms competitive?

The CMS platforms are known for their ease of use, robust functionality, and reliability, making them valuable for enterprise-level deployments.

How many active licenses does Creative Realities have?

As of 2023, Creative Realities has 275,000 active licenses.

In which vertical markets is Creative Realities active?

The company operates in diverse markets, including automotive, advertising networks, apparel, convenience stores, food service, gaming, theater, and stadium venues.

What types of digital solutions does Creative Realities provide?

Solutions include digital merchandising systems, omnichannel customer engagement systems, interactive digital shopping assistants, and high-end audio-visual networks.

How does Creative Realities use technology to enhance customer experiences?

The company leverages the latest marketing technologies to create intelligent, responsive, and immersive consumer experiences.

CREATIVE REALITIES, INC.

Nasdaq:CREX

CREX Rankings

CREX Stock Data

34.21M
6.98M
16.52%
34.86%
0.09%
Software - Application
Services-computer Integrated Systems Design
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United States of America
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