BK Technologies Corporation, through its subsidiary, BK Technologies, Inc., designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR), repeaters, base stations, and related components and subsystems under BK Technologies, BKR, BK Radio, and RELM brand names. Its BK Technologies, BKR, and BK Radio branded products include LMR equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services. The company was incorporated in 1997 and is headquartered in West Melbourne, Florida.
IPO Year:
Exchange: AMEX
Website: bktechnologies.com
Achieves Third Quarter GAAP EPS of $0.63 Raises Full Year Earnings Guidance Target WEST MELBOURNE, FL / ACCESSWIRE / November 14, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the third quarter and nine months ended September 30, 2024. The Company will host a conference call today, November 14, 2024, at 9:00 a.m. Eastern Time.Third Quarter 2024 Financial and Operational UpdateRevenue of $20.2 million was consistent with revenue in the third quarter of 2023.Gross margin of 38.8% improved as compared to gross margin of 31.9% in the same period last year and improved sequentially as compared to gross margin
WEST MELBOURNE, FL / ACCESSWIRE / October 31, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the third quarter and nine months ended September 30, 2024, on Thursday, November 14, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the third quarter and nine months ended September 30, 2024, prior to the call on Thursday, November 14, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 682
WEST MELBOURNE, FL / ACCESSWIRE / October 30, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") today announced that it has received a $3.3 million purchase order from the Florida Forest Service for the Company's BKR 9000 multiband portable radio. The radios will be used by several different branches within the organization including wildland fire and land management for fighting active wildland fires and facilitating controlled burns, as well as in research to improve biodiversity and ecosystem health.John Suzuki, CEO of BK Technologies, commented, "The Florida Forest Service has been a longterm BK customer. As part of their life cycle radio replacement pro
NIFC approval qualifies BKR 9000 multiband radio for purchase by the Department of the Interior for use in wildland fire operations WEST MELBOURNE, FL / ACCESSWIRE / September 5, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") today announced that the BKR 9000 multiband radio has been approved by the National Interagency Fire Center (NIFC) National Interagency Incident Communications Division as a fire approved radio for use by all federal employees and personnel under contract with the United States federal government.Designation by the NIFC as a fire approved radio qualifies the BKR 9000 for purchase by the Department of the Interior (DOI) for use in fed
WEST MELBOURNE, FL / ACCESSWIRE / August 13, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") today announced that John Suzuki, Chief Executive Officer, will attend the 4th Annual CEO Networking Event hosted by Semco Capital at the Wildfire Restaurant at 159 West Erie Street in Chicago on Thursday, August 15, 2024. Mr. Suzuki will participate in a fireside chat hosted by Scott Weis of Semco Capital and be available for questions.The Annual CEO Networking Event hosted by Semco Capital brings together a consortium of leading microcap companies with unique business models, strong management teams, and considerable opportunity for enhanced growth and value. Inv
Second Quarter GAAP EPS of $0.47Reiterates Target of Full Year 2024 GAAP EPS to exceed $1.50WEST MELBOURNE, FL / ACCESSWIRE / August 8, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the second quarter and six months ended June 30, 2024. The Company will host a conference call today, August 8, 2024, at 9:00 a.m. Eastern Time.Second Quarter 2024 Financial and Operational UpdateRevenue increased 7% to $20.3 million, compared with $19.0 million for the second quarter of 2023Gross margin improved to 37.3%, as compared to the 27.4% in second quarter 2023Company achieved GAAP earnings per share of $0.47; non-GAA
WEST MELBOURNE, FL / ACCESSWIRE / July 25, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the second quarter and six months ended June 30, 2024, on Thursday, August 8, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the second quarter and six months ended June 30, 2024, prior to the call on Thursday, August 8, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 343819. The call and t
WEST MELBOURNE, FL / ACCESSWIRE / May 29, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") today announced that it has received two orders from the California Department of Forestry and Fire Protection ("CAL FIRE") totaling $9.1 million, for the purchase of BKR 5000 portable radios. These orders are a part of the agency's life cycle replacement program and represent a continuation of the migration from BK's KNG Series Portables. To date, CAL FIRE has purchased more than 6,500 BKR 5000 radios since they began the migration from the KNG Portable Series radio in 2022.John Suzuki, CEO of BK Technologies, commented, "CAL FIRE is a longstanding customer and we're
First Quarter EPS of $0.19Adjusted EBITDA of $1.4 MillionWEST MELBOURNE, FL / ACCESSWIRE / May 9, 2024 / BK Technologies Corporation (NYSE: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 fir
WEST MELBOURNE, FL / ACCESSWIRE / April 25, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the first quarter ended March 31, 2024, prior to the call on Thursday, May 9, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 841188. The call and the accompanying slide deck will als
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WEST MELBOURNE, FL / ACCESSWIRE / September 19, 2023 / BK Technologies Corporation (NYSE:BKTI) today announced that President Tim Vitou, 66, will retire effective October 12, 2023, after a distinguished 40-year career in the wireless communications industry, more than 15 years of which were spent with BK Technologies. John Suzuki, BK's Chief Executive Officer will assume the responsibilities of President."During his more than fifteen years with BK, Tim has built a premier and deep sales organization and has played an important role bringing new products to market," said Chief Executive Officer John Suzuki. "Early in its development, Tim saw the tremendous market potential represented by the
WEST MELBOURNE, FL / ACCESSWIRE / March 23, 2022 / BK Technologies Corporation (NYSE:BKTI) today announced the appointment of James Teel to lead the Company's new software-as-a-service (SaaS) solutions business unit.Mr. Teel brings more than 30 years of experience in the wireless communications industry. From 2007 to 2021, Mr. Teel was with L3Harris Corporation where he held positions including Director of Product Line Management and Director of Business Development for the Public Safety & Professional Communications division, where he played a major role in launching their SaaS business. Mr. Teel previously spent six years at UT Starcom/Commworks/3Com as Senior Director, Business Developmen
WEST MELBOURNE, FL / ACCESSWIRE / December 22, 2021 / BK Technologies Corporation (NYSE:BKTI) today announced the appointment of Inez M. Tenenbaum and R. Joseph Jackson to its board of directors, effective December 17, 2021.Ms. Tenenbaum is an attorney with Wyche, P.A. in Greenville, South Carolina. From June 2009 to November 2013 , she served as the chairman of the U.S. Consumer Product Safety Commission ("CPSC"), a position she was nominated for by President Barack Obama and confirmed unanimously by the United States Senate. During her tenure as chairman, Ms. Tenenbaum worked closely with agency staff, consumer stakeholders, and industry professionals to complete all the major safety rules
WEST MELBOURNE, FL / ACCESSWIRE / October 19, 2021 / BK Technologies Corporation (NYSE:BKTI) today announced the appointment of Sean Conroy as Director of Supply Chain.Conroy has nearly 20 years of experience in supply chain management, operations, and LEAN manufacturing. He most recently served as Materials Manager for Camaco Lorain Manufacturing, the largest independent provider of engineered seating solutions for the global automotive industry. Prior to that, Conroy held numerous supply chain management and senior operations roles including Materials Manager at Wellington Stamping, a $65 million stamping facility and division of Shiloh Industries, Vice President of Global Operations at ZO
Former JVC Kenwood Exec Tasked with Driving Sales Growth and M&A StrategyWEST MELBOURNE, FL / ACCESSWIRE / July 20, 2021 / BK Technologies Corporation (NYSE:BKTI) today announced the appointment of John Suzuki as Chief Executive Officer (CEO), effective July 19, 2021. Mr. Suzuki is a proven leader in the mobile communications sector with broad executive experience including sales and marketing, operations, product development and supply chain."We could not be more excited to welcome an executive the caliber of John to the management team," commented Major General (Ret.) E. Gray Payne, Chairman of the Board of Directors of BK Technologies. "He is a proven technology leader with a distinguishe
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Achieves Third Quarter GAAP EPS of $0.63 Raises Full Year Earnings Guidance Target WEST MELBOURNE, FL / ACCESSWIRE / November 14, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the third quarter and nine months ended September 30, 2024. The Company will host a conference call today, November 14, 2024, at 9:00 a.m. Eastern Time.Third Quarter 2024 Financial and Operational UpdateRevenue of $20.2 million was consistent with revenue in the third quarter of 2023.Gross margin of 38.8% improved as compared to gross margin of 31.9% in the same period last year and improved sequentially as compared to gross margin
WEST MELBOURNE, FL / ACCESSWIRE / October 31, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the third quarter and nine months ended September 30, 2024, on Thursday, November 14, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the third quarter and nine months ended September 30, 2024, prior to the call on Thursday, November 14, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 682
Second Quarter GAAP EPS of $0.47Reiterates Target of Full Year 2024 GAAP EPS to exceed $1.50WEST MELBOURNE, FL / ACCESSWIRE / August 8, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the second quarter and six months ended June 30, 2024. The Company will host a conference call today, August 8, 2024, at 9:00 a.m. Eastern Time.Second Quarter 2024 Financial and Operational UpdateRevenue increased 7% to $20.3 million, compared with $19.0 million for the second quarter of 2023Gross margin improved to 37.3%, as compared to the 27.4% in second quarter 2023Company achieved GAAP earnings per share of $0.47; non-GAA
WEST MELBOURNE, FL / ACCESSWIRE / July 25, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the second quarter and six months ended June 30, 2024, on Thursday, August 8, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the second quarter and six months ended June 30, 2024, prior to the call on Thursday, August 8, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 343819. The call and t
First Quarter EPS of $0.19Adjusted EBITDA of $1.4 MillionWEST MELBOURNE, FL / ACCESSWIRE / May 9, 2024 / BK Technologies Corporation (NYSE: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 fir
WEST MELBOURNE, FL / ACCESSWIRE / April 25, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the first quarter ended March 31, 2024, prior to the call on Thursday, May 9, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 841188. The call and the accompanying slide deck will als
45% Increase in Full Year Revenue to $74.1 MillionFourth Quarter EPS of $0.08Targeting Full Year 2024 EPS in Excess of $1.50WEST MELBOURNE, FL / ACCESSWIRE / March 14, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the fourth quarter and year ended December 31, 2023. The Company will host a conference call today, March 14, 2024, at 9:00 a.m. Eastern Time.John Suzuki, CEO of BK Technologies commented, "2023 was a strong year for BK Technologies, highlighted by both revenue growth and gross margin improvement. We shipped 34,500 radios in fiscal 2023, an increase of 37% compared to fiscal 2022, as existing an
WEST MELBOURNE, FL / ACCESSWIRE / February 29, 2024 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the fourth quarter and year ended December 31, 2023, on Thursday, March 14, 2024, at 9:00 a.m. ET.The Company plans to release its financial and operating results for the fourth quarter and year ended December 31, 2023, prior to the call on Thursday, March 14, 2024.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 188499. The call and t
Third Quarter Revenue Increases 68% -Company Achieves Profitability With Third Quarter EPS of $0.03 -WEST MELBOURNE, FL / ACCESSWIRE / November 9, 2023 / BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the third quarter and nine months ended September 30, 2023. The Company will host a conference call today, November 9, 2023 at 9:00 a.m. Eastern Time.Third Quarter 2023 Financial and Operational Update68% increase in third-quarter revenue to $20.1 million driven by increased shipments, strong demand for the BKR 5000 and introduction of the BKR 9000 radiosGross margin improved to 32%, as compared to the 19% in third
WEST MELBOURNE, FL / ACCESSWIRE / October 30, 2023 / BK Technologies Corporation (NYSE:BKTI) (the "Company" or "BK Technologies") will host an investor conference call with a slide presentation to discuss its operating results for the third quarter ended September 30, 2023 on Thursday, November 9, 2023 at 9:00 a.m. ET.The Company plans to release its financial and operating results for the third quarter ended September 30, 2023 prior to the call on Thursday, November 9, 2023.Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 355439. The call and the accompanying sl
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BK Technologies (AMEX:BKTI) reported quarterly earnings of $0.30 per share. This is a 203.45 percent increase over losses of $(0.29) per share from the same period last year. The company reported $18.23 million in sales this quarter. This is a 2.62 percent decrease over sales of $18.72 million the same period last year.
These orders are a part of BK Technologies' five-year blanket purchase agreement ("BPA") with the United States Department of Agriculture announced in May 2021. To date, the USFS has purchased over 22,000 BKR 5000 radios since the beginning of the migration from BK Technologies' KNG Portable Series radio in June of 2021.
BK Technologies (AMEX:BKTI) reported quarterly earnings of $0.08 per share. This is a 128.57 percent increase over losses of $(0.28) per share from the same period last year. The company reported $16.31 million in sales this quarter. This is a 19.81 percent decrease over sales of $20.34 million the same period last year.
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- The BKR 9000 radios will service 26 fire agencies -
BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced that the Board of Directors has elected Joshua S. Horowitz as Chairman. Mr. Horowitz was elected to the Board of Directors by the Company's stockholders at the 2023 Annual Meeting of Stockholders on December 14, 2023. Mr. Horowitz succeeds previous Chairman, Kyle D. Cerminara, who has stepped away from the BK Technologies Board to focus on other endeavors.Prior to his election to the Board of Directors, Mr. Horowitz served as an adviser to the BK Technologies Board since November 2021.Mr. Horowitz is a professional investor with over 22 years of investing experience. Since January 2012, he has served a
BK Technologies (AMEX:BKTI) reported quarterly earnings of $0.03 per share. This is a 104.29 percent increase over losses of $(0.70) per share from the same period last year. The company reported $20.07 million in sales this quarter. This is a 68.41 percent increase over sales of $11.92 million the same period last year.
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