Creative Realities announces FY18 and 4Q18 financial results

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Creative Realities Inc. (CREX) Reports Q4 Revenues Below Consensus; Provides 1H19 Outlook

March 28, 2019 5:11 PM EDT

Creative Realities Inc. (NASDAQ: CREX) reported Q4 revenue for the quarter came in at $5.2 million versus the consensus estimate of $7.7 million.

Rick Mills, Chief Executive Officer, remarked, "During 2018, our management team executed on several key initiatives supporting our strategic vision, including continuing our double-digit organic revenue growth, simplifying our capital structure, up-listing to Nasdaq, and gaining scale through the acquisition of Allure Global Solutions, Inc. Allure's expertise strengthened our market presence in fast growing verticals such as quick service restaurants, theater and sports venues. We anticipate opportunities to cross-sell Allure's analytical services into the... More