BK Technologies (BKTI) Q2 Earnings and Revenues Improve Y/Y [Yahoo! Finance]
BK Technologies Corporation (BKTI)
Company Research
Source: Yahoo! Finance
GAAP EPS for the quarter was 47 cents against the year-ago period's loss per share of 39 cents. Revenues in Detail BK Technologies registered revenues of $20.3 million in the second quarter, up 6.6% year over year. Per management, the revenue uptick was attributed primarily to the shipments of BKR 9000 radio products and partially due to increased radio accessory sales. Order Backlog Order backlog was $26.9 million at the end of Jun 30, 2024, compared with $24 million at the end of Jun 30, 2023. This reflected the growing market demand for the company's products. CalFire recorded a purchase order totaling more than $15 million for BKR5000, KNG mobiles and a first purchase of BKR9000 multiband radios as part of their on-going product life-cycle replacement program. Per management, demand for BK Technologies' BKR 9000 continued to increase, as evidenced by a $1.1 million order in the second quarter from the Mississippi Forestry Commission. BK Technologies Corporation Pr
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BKTI
News
- BKR 9000 Multiband Radio Receives Approval from the National Interagency Fire CenterAccesswire
- Zacks Initiates Coverage of BK Technologies With Outperform Recommendation [Yahoo! Finance]Yahoo! Finance
- BK Technologies to Attend 4th Annual CEO Networking Event Hosted by Semco CapitalAccesswire
- BK Technologies Corporation (BKTI) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- BK Technologies Announces Second Quarter 2024 ResultsAccesswire
BKTI
Sec Filings
- 9/12/24 - Form 4
- 9/12/24 - Form 4
- 9/3/24 - Form 4
- BKTI's page on the SEC website