Creative Realities reports Q3 EPS (75c), consensus (11c)

Reports Q3 revenue $10.5M, consensus $11.12M. “While the period was negatively impacted by a $2 million order slipping into the fourth quarter and a $5.7 million non-cash software impairment charge due to the wind down of CRI’s engagement with Stellantis, we are excited by what the future holds now with CDM as part of Creative Realities (CREX),” said Rick Mills, Chief Executive Officer. “This sizable transaction significantly improves our growth trajectory – not only due to the acquired blue-chip customer base but also the real potential to cross-sell our solutions and benefit from synergies across a wider media network. The combination should start improving bottom line results almost immediately, putting us on a solid foundation for greater returns in fiscal 2026 and beyond. At the same time, we brought three new members onto our Board of Directors, bring the total to seven. The addition of these accomplished individuals – Dan McGrath, the Chief Operating Officer of Cineplex, along with Tom Ellis and Mike Bosco from North Run Capital LP – strengthens our board and provides a greater depth of industry experience, just as we start a new growth phase across North America and abroad. We will update shareholders on our integration progress – and outlook for the coming quarters – during the earnings call. We’re excited by our expanded leadership position in the digital media space and look forward to the future.”