BKTI Stock Rises After Q3 Earnings Boost Margins and Profitability [Yahoo! Finance]
BK Technologies Corporation (BKTI)
Company Research
Source: Yahoo! Finance
This contrasts with the S&P 500 index's -0.7% change over the same time frame. Over the past month, the stock gained 15.5% compared with the S&P 500's 2.1% change. For the third quarter of 2024, BK Technologies reported revenues of $20.2 million, up 0.5% from $20.1 million achieved in the prior-year quarter. Gross margin improved significantly to 38.8% from 31.9% a year ago due to radio product and accessories sales mix and material cost improvements related to cost-reduction initiatives. The company reported a net income of $2.4 million, or $0.63 per diluted share, a substantial increase from $0.1 million, or $0.03 per share, in the year-ago period. Operating income rose 339.6% to $2.6 million from $0.6 million, reflecting strong operational efficiency improvements. For the nine months ended Sept. 30, 2024, revenue increased 1.5% to $58.7 million from $57.8 million in the same period in 2023. Gross margin for the nine months was 36.9%, up from 28.6% in the prior year. Year-to-dat
Show less
Read more
Impact Snapshot
Event Time:
BKTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BKTI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BKTI alerts
High impacting BK Technologies Corporation news events
Weekly update
A roundup of the hottest topics
BKTI
News
- BK Technologies Corp (BKTI) Q3 2024 Earnings Call Highlights: Profitability Streak Continues ... [Yahoo! Finance]Yahoo! Finance
- BK Technologies Announces Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- BK Technologies Announces Third Quarter 2024 ResultsAccesswire
- BK Technologies to Host Third Quarter 2024 Conference Call on Thursday, November 14, 2024Accesswire
- BK Technologies Receives $3.3 Million Purchase Order for BKR 9000 Radios from the Florida Forest ServiceAccesswire
BKTI
Sec Filings
- 12/16/24 - Form 4
- 11/14/24 - Form 8-K
- 11/14/24 - Form 10-Q
- BKTI's page on the SEC website