BK Technologies Announces First Quarter 2024 Results [Yahoo! Finance]
BK Technologies Corporation (BKTI)
Company Research
Source: Yahoo! Finance
WEST MELBOURNE, FL / ACCESSWIRE / May 9, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the first quarter ended March 31, 2024. The Company will host a conference call today, May 9, 2024, at 9:00 a.m. Eastern Time. John Suzuki, CEO of BK Technologies commented, "Our first quarter performance provided a solid start to 2024 highlighted by improved profitability with earnings per share of $0.19 and continued strong demand for our radios with backlog increasing to $19 million. First quarter 2024 revenue of $18.2 million was essentially consistent with first quarter 2023 revenue of $18.7 million and increased 12% sequentially compared to fourth quarter 2023. "During the first quarter, we successfully transferred production of the BKR 5000 to East West Manufacturing, and reduced our inventory by approximately $1.4 million. The East West production line in Juarez, Mexico is fully operational
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BKTI
News
- Ellen O. O'Hara Elected to the Board of Directors of BK Technologies [Yahoo! Finance]Yahoo! Finance
- Ellen O. O'Hara Elected to the Board of Directors of BK TechnologiesAccesswire
- BK Technologies Receives Two Purchase Orders for BKR 5000 Radios from the California Department of Forestry and Fire Protection for a Total Order Value of $9.1 Million Accesswire
- BK Technologies Corporation (AMEX:BKTI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- BK Technologies Announces First Quarter 2024 ResultsAccesswire
BKTI
Sec Filings
- 6/20/24 - Form 8-K
- 6/17/24 - Form 4
- 6/14/24 - Form 4
- BKTI's page on the SEC website