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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. will release its financial results for Q2 2023 on August 4, 2023. A conference call will be held to review the results, hosted by the CEO and CFO.
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Creative Realities, Inc. announces Q1 2023 revenue of $9.9 million, record gross profit of $5.1 million (51.2%), and record adjusted EBITDA of $1.0 million (9.6%). Reaffirms 2023 revenue guidance of $60 million and projects backlog revenue of up to $110 million. Gross profit margin exceeds 50% for the first time. Company's run-rate on annual recurring revenue is at a record level of $14.8 million.
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Creative Realities, Inc. (NASDAQ: CREX, CREXW) has announced a strategic partnership with Freshëns to enhance customer experiences through advanced digital signage technology at over 350 locations. This collaboration will facilitate real-time menu updates, improving order efficiency and simplifying product selection. Freshëns sought Creative Realities to modernize their digital menu boards, aimed at aligning with their commitment to fresh food. The installation of an 84" video marquee at the new FLIP Kitchen location at George Mason University showcases this technology in action, capturing attention with dynamic content. Creative Realities’ Clarity™ software provides ease of updates and customization, strengthening Freshëns' brand image and operational efficiency, further promoting their healthy dining mission.

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Creative Realities (NASDAQ: CREX, CREXW) has successfully implemented a new digital signage solution at Road Runner Sports, enhancing the customer experience and increasing sales associate efficiency. The innovations include a Name in Lights feature that celebrates VIP customers and a digital queue tracker that allows associates to focus more on these clients. Following its deployment in 15 locations, the program aims to roll out across all US stores. The partnership leverages cutting-edge technology to recognize loyal customers, which has positively impacted brand loyalty and in-store experiences, marking a significant move in retail and sportswear.

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FAQ

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

The current stock price of CREATIVE REALITIES (CREX) is $2.95 as of December 20, 2024.

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

The market cap of CREATIVE REALITIES (CREX) is approximately 29.6M.

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

29.56M
6.98M
16.52%
34.86%
0.23%
Software - Application
Services-computer Integrated Systems Design
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United States of America
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