India, May 15 -- Creative Realities, Inc. (CREX), a provider of digital signage, media and AdTech solutions, on Friday reported loss for the first quarter as rising revenue was offset by higher operating expenses.
In pre-market activity on the Nasdaq, shares of Creative Realities were down 10.99 percent, changing hands at $3.2400, after closing Thursday's regular session 1.25 percent higher.
Quarterly net loss was $7.85 million or $0.74 per share compared to profit of $3.37 million or $0.32 per share last year.
Total operating expenses jumped to $11.80 million from $5.18 million in the previous year.
Adjusted EBITDA loss was $0.494 million compared to EBITDA of $0.467 million a year ago.
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