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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
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
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.
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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
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