One vendor's earnings release is a quieter source of procurement signal than a press launch, and this one carries three numbers worth pinning to a spec. [S1]
If you are sizing a digital signage program against vendors with managed services exposure, CRI's print shows revenue scale, gross margin tone, and a recurring base you can actually compare to your own opex assumptions. [S1]
What the filing actually states
The 8-K, filed 13 Aug 2026, is a quarterly results announcement for fiscal Q2 ended 30 Jun 2026. CRI is a NASDAQ-listed provider of digital signage, media, and AdTech, headquartered in Louisville, KY. The relevant release is Exhibit 99.1. [S1]
For a specifying engineer, treat the document as a vendor self-report. Use it for directional comparison only and cross-check line items against the 10-Q when filed. [S1]
The three numbers a spec writer can use
Quarterly revenue and gross profit. The release reports Q2 revenue of $21.5 million versus $13.0 million prior year, and gross profit of $8.3 million versus $5.0 million. The implied gross margin direction is calculable from these two figures; the release does not state margin as a percent, so derive it yourself if needed. [S1]
Adjusted EBITDA. Reported at $2.0 million for the quarter versus $1.1 million prior year. EBITDA is presented as a non-GAAP measure with a footnote marker, so the reconciliation will sit in the 10-Q or the exhibit, not in the excerpt. [S1]
Annualized recurring revenue. Approximately $20.5 million at quarter end versus $20.1 million as of 31 Mar 2026. ARR is also footnoted; the change between the two dates is in the low single-digit millions. This is the cleanest proxy for hosted content, software, and managed services run-rate within CRI's mix. [S1]
How to read this against a bid
Scale check. A vendor clearing the high-tens of millions in quarterly revenue is operating above the threshold where most regional integrators fall over on multi-site rollouts. If your RFP scope is single-site or sub-100 displays, CRI-class capacity may be oversized; if it is multi-hundred to multi-thousand endpoints, it is in-band. [S1]
Mix inference. Gross profit in the high single-digit millions on revenue in the low tens of millions, paired with a low single-digit-million EBITDA, is consistent with a services-and-software weighted model. Hardware-heavy resellers typically show lower gross margin and different EBITDA conversion. Use this to flag whether CRI will behave like a hardware vendor or a managed services partner on change orders. [S1]
Recurring base. An ARR in the low-tens of millions, growing modestly over one quarter, suggests a stable hosted content and software footprint. For a buyer comparing a capital purchase against an opex-style signage-as-a-service model, the ARR print is a sanity check that such a model is operationally viable at this vendor's scale. [S1]
Primary notice: SEC EDGAR.