BK Technologies Corp

BK Technologies Corp. is a holding company, which engages in the provision of two-way radio communications equipment. It offers product to the fire, EMS, police, federal, and municipalities agencies. The company was founded on October 24, 1997 and is headquartered in West Melbourne, FL.

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BK Technologies reports 184% revenue growth, aims for $100M by 2025

BK Technologies demonstrated strong revenue growth and a focus on product certification and market expansion. However, the company needs to address profitability and operational efficiency while capitalizing on the potential of its products in the public safety sector.

BKTI reports 57% revenue growth in Q2 2023 earnings call

BKTI's Q2 2023 showed robust revenue growth and significant achievements in product certifications and large orders. However, challenges in gross margin performance and financial losses need to be addressed. The company's focus on cost reduction and plans for production ramp-up present opportunities for improvement.

BK Technologies Corporation reports robust Q3 performance and strategic shifts

BK Technologies Corporation delivered strong Q3 2023 results, marked by significant revenue growth, improved gross margin, and progress in the SaaS business unit. The company's strategic decision to shift production operations and the anticipation of achieving the high end of the annual shipment target position it for continued success and growth.

BK Technologies Corp reports robust Q2 performance and strategic growth plans

BK Technologies Corp's Q2 2024 performance reflects strong growth, improved margins, and operational efficiency, positioning the company for continued success.
With a focus on enhancing profitability, reducing costs, and exploring strategic opportunities, BK Technologies Corp is poised to navigate challenges and capitalize on growth prospects.
The company's solid liquidity position, successful product traction, and strategic initiatives underscore its resilience and potential for sustained performance in the market.

BK Technologies Corp reports robust Q3 earnings and growth prospects

BK Technologies Corp delivered strong financial results in Q3 2024 with improved gross margins and solid earnings.
The company's transition to East West manufacturing is driving margin improvement and operational efficiency.
While facing challenges in meeting revised targets, BK Technologies Corp is well-positioned for growth.
Opportunities in backlog delivery, margin enhancement, and product demand offer avenues for future success.

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The company's mission-critical communication devices cater to stable, long-term clients like government agencies. BK Technologies' BKR-9000 radios and InteropONE software promise higher margins and sustained growth, with gross margins potentially expanding to 50-60% within five years. Management forecasts 2025 sales nearing $100M, which would represent a growth of more than 30% compared to 2024.

BK Technologies: Aggressive Margin Expansion Not Yet Fully Reflected

BK Technologies reports strong third-quarter 2024 results with improved margins, higher net income and raised EPS guidance, driving stock gains.

BKTI Stock Rises After Q3 Earnings Boost Margins and Profitability

BK Technologies Corporation (NYSE:BKTI ) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants John Nesbett - IMS Investor Relations John Suzuki - President & Chief Executive Officer Scott Malmanger - Chief Financial Officer Conference Call Participants Aaron Martin - AIGH Investment Partners Samir Patel - Askeladden Capital Erik Voss - Mission Vertical Operator Good morning, ladies and gentlemen, and welcome to the BK Technologies Corporation Conference Call for the Third Quarter 2024. This call is being recorded.

BK Technologies Corporation (BKTI) Q3 2024 Earnings Call Transcript

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 American: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.

BK Technologies Announces Third Quarter 2024 Results

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WEST MELBOURNE, FL / ACCESSWIRE / October 31, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies to Host Third Quarter 2024 Conference Call on Thursday, November 14, 2024

WEST MELBOURNE, FL / ACCESSWIRE / October 30, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies Receives $3.3 Million Purchase Order for BKR 9000 Radios from the Florida Forest Service

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 American: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 federal wildland fire operations, as well as for use by cooperator aviation radios and forest health protection.

BKR 9000 Multiband Radio Receives Approval from the National Interagency Fire Center

Discover why Zacks rates BK Technologies as "Outperform", being the first on Wall Street to initiate coverage on the stock. Explore BKTI's strategic manufacturing shifts, financial health, and rising demand for its key products.

Zacks Initiates Coverage of BK Technologies With Outperform Recommendation

WEST MELBOURNE, FL / ACCESSWIRE / August 13, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies to Attend 4th Annual CEO Networking Event Hosted by Semco Capital

BK Technologies' (BKTI) second-quarter performance benefits from robust product shipments.

BK Technologies (BKTI) Q2 Earnings and Revenues Improve Y/Y

Second Quarter GAAP EPS of $0.47 Reiterates Target of Full Year 2024 GAAP EPS to exceed $1.50 WEST MELBOURNE, FL / ACCESSWIRE / August 8, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies Announces Second Quarter 2024 Results

WEST MELBOURNE, FL / ACCESSWIRE / July 25, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies to Host Second Quarter 2024 Conference Call on Thursday, August 8, 2024

WEST MELBOURNE, FL / ACCESSWIRE / June 25, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company," "BK Technologies") today announced that Ellen O. O'Hara was elected to the Board of Directors by the Company's stockholders at the 2024 Annual Meeting of Stockholders on June 20, 2024.

Ellen O. O'Hara Elected to the Board of Directors of BK Technologies

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BKTI Technologies Corporation (NYSE:BKTI ) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants John Nesbett - IMS Investor Relations John Suzuki - Chief Executive Officer Scott Malmanger - Chief Financial Officer Conference Call Participants Aaron Martin - AIGH Investment Partners Jon Old - Long Meadow Investors LLC Operator Good morning, ladies and gentlemen, and welcome to the BK Technologies Corporation Conference Call for the First Quarter 2024. This call is being recorded.

BK Technologies Corporation (BKTI) Q1 2024 Earnings Call Transcript

First Quarter EPS of $0.19 Adjusted EBITDA of $1.4 Million 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.

BK Technologies Announces First Quarter 2024 Results

WEST MELBOURNE, FL / ACCESSWIRE / April 25, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies to Host First Quarter 2024 Conference Call on Thursday, May 9, 2024

WEST MELBOURNE, FL / ACCESSWIRE / April 2, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that it has received two purchase orders from the United States Department of Agriculture Forest Service ("USFS") for a total 5,620 BKR 5000 radios. 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.

BK Technologies Receives Two Purchase Orders from USDA Forest Service for a Total of 5,620 BKR 5000 Radios

WEST MELBOURNE, FL / ACCESSWIRE / March 21, 2024 / BK Technologies Corporation (NYSE American:BKTI) today announced the unveiling of its new BKRplay IntelliPTT tethering feature for its InteropONE service that enables push-to-talk-over-broadband capabilities between smartphone devices and customers of the Company's BKR 5000 and BKR 9000 radios. Powered by BK's BKR ONE patent-pending technology, BKRplay IntelliPTT tethers BKR Series radios with Apple and Android smartphones to enable push-to-talk-over-broadband through BK's InteropONE SaaS service.

BK Technologies Unveils BKRplay IntelliPTT Feature Enabling Push-To-Talk-Over Broadband Capabilities for BKR 5000 and BKR 9000 Customers

BK Technologies Corp (BKTI) Q4 2023 Earnings Call Transcript

45% Increase in Full Year Revenue to $74.1 Million Fourth Quarter EPS of $0.08 Targeting Full Year 2024 EPS in Excess of $1.50 WEST MELBOURNE, FL / ACCESSWIRE / March 14, 2024 / BK Technologies Corporation (NYSE American: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.

BK Technologies Announces Fourth Quarter and Year End 2023 Results

WEST MELBOURNE, FL / ACCESSWIRE / March 6, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that John Suzuki, Chief Executive Officer, and Scott Malmanger, Chief Financial Officer, will attend the 36th Annual Roth Conference at the Ritz Carlton, Laguna Niguel in Dana Point, California. Mr. Suzuki and Mr.

BK Technologies To Attend 36th Annual Roth Conference

- The BKR 9000 radios will service 26 fire agencies - WEST MELBOURNE, FL / ACCESSWIRE / March 5, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that it has received a purchase order for 315 of its BKR 9000 multiband radios from Boulder County, Colorado, through the Company's local authorized dealer, as part of an upgrade program to replace a variety of older radios for 26 fire agencies across the county. Currently, the fire agencies have several different manufacturer's radios that operate on the Colorado's DTRS 7/800MHz P25 radio system for daily use, as well as several BK radios to support their wildland fire mission, which operates in the VHF band.

BK Technologies Receives Purchase Order for BKR 9000 Radios from Boulder County, Colorado

WEST MELBOURNE, FL / ACCESSWIRE / February 29, 2024 / BK Technologies Corporation (NYSE American: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.

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