Creative Realities Reports First Quarter 2021 Results

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Go back to Creative Realities Reports First Quarter 2021 Results

Creative Realities Inc. (CREX) Reports Q1 Slight Beat on Revenues

May 17, 2021 4:36 PM EDT

Creative Realities Inc. (NASDAQ: CREX) reported Q1 revenue for the quarter came in at $5 million versus the consensus estimate of $4.99 million.

First Quarter Financial Update

Revenues were $5.0 million for the three months ended March 31, 2021, an increase of $1.3 million, or 35%, as compared to the same period in 2020.Hardware revenues were $2.8 million for the three months ended March 31, 2021, an increase of $1.4 million, or 106%, as compared to the prior year, driven by (i) Thermal Mirror and other Safe Space Solutions products, which generated approximately $0.8 million in hardware sales during the three months ended March 31, 2021... More