CREX Stock: 6 Things to Know About Penny Stock Creative Realities as Shares Rocket Today

Shares of Creative Realities (NASDAQ:CREX) stock are taking off on Monday despite no company news of note. However, this massive rise is the continuation of major gains over the past week for CREX stock.

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Overall, the company is likely less known on both Wall Street and Main Street. However, the work that the firm does is extremely important — and you’ve likely seen it in your daily life.

So, what is Creative Realities? Let’s take a closer look at the company to learn a bit more.

  • The firm was founded in 1997 as a digital signage company.
  • Now more than 20 years later, Creative Realities offers a number of digital marketing solutions for companies, individual brands and organizations across the U.S.
  • Some of the services the company offers are analytical analysis, design, content management software and engineering.
  • Some of its biggest projects were for Perry Ellis, the Dallas Cowboys, Jeep and even for a specific terminal in John F. Kennedy International Airport.
  • Creative Realities also reported its first-quarter figures for fiscal year 2021 last week.
  • Total revenues rose 35% year-over-year to $5 million, and net income reached $1.3 million.

Rick Mills, CEO of Creative Realities, had this to say about the earnings CREX stock results.

“During the first quarter of 2021, CRI generated approximately $5.0 million of revenue and effectively achieved breakeven operating results, which are in-line with the expectations we communicated in our most recent earnings call. We generated net income during the period of $1.3 million and, consistent with the third and fourth quarter of 2020, we generated both positive EBITDA and Adjusted EBITDA, highlighting our continued focus on cost control and revenue-generating activities.”

CREX stock was up almost 36% as of Monday afternoon.

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On the date of publication, Nick Clarkson did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Nick is a web editor at InvestorPlace.


Article printed from InvestorPlace Media, https://investorplace.com/2021/05/crex-stock-6-things-to-know-about-penny-stock-creative-realities-as-shares-rocket-today/.

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