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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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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Achieves Record Third Quarter Bookings of $28M WEST MELBOURNE, FL / ACCESSWIRE / November 3, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced financial and operating results for the third quarter and nine months ended September 30, 2022. The Company will host a conference call today, November 3, 2022, at 9:00 a.m.

BK Technologies Announces Third Quarter 2022 Results

WEST MELBOURNE, FL / ACCESSWIRE / November 2, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK") today announced that it has named Scott Malmanger as Chief Financial Officer effective November 7, 2022. Mr. Malmanger previously served as interim Chief Financial Officer beginning in July 2022.

BK Technologies Names Scott Malmanger as Chief Financial Officer

WEST MELBOURNE, FL / ACCESSWIRE / October 26, 2022 / BK Technologies Corporation (NYSE American:BKTI) today announced that it has commenced production of its KNG mobile series radios at its Melbourne, Florida manufacturing facility and expects the radios will be exclusively manufactured in the U.S. beginning in 2023. As previously announced, in April 2021 the Company expanded its printed circuit board assembly capabilities and capacity at its Melbourne facility with the addition of surface mount technology (SMT) equipment.

BK Technologies Commences Full Production of KNG Mobile Series Radios at Melbourne Facility

WEST MELBOURNE, FL / ACCESSWIRE / October 20, 2022 / BK Technologies Corporation (NYSE American:BKTI) will host an investor conference call with slide presentation to discuss its operating results for the third quarter and nine months ended September 30, 2022 on Thursday, November 3, 2022 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, 2022 prior to the call on Thursday, November 3, 2022.

BK Technologies to Host Third Quarter 2022 Conference Call on Thursday, November 3, 2022

West Melbourne, Florida--(Newsfile Corp. - October 19, 2022) -  BK Technologies Corporation (NYSE American: BKTI) ("BK Technologies" or the "Company") today announced that John Suzuki, Chief Executive Officer, will attend The ThinkEquity Conference at the Mandarin Oriental Hotel in New York City on Wednesday, October 26, 2022. Mr. Suzuki will present at the conference and be available for one-on-one meetings throughout the day.

BK Technologies to Present at The ThinkEquity Conference

WEST MELBOURNE, FL / ACCESSWIRE / October 13, 2022 / BK Technologies Corporation (NYSE American:BKTI) today announced that it has received a purchase order valued at $1.6 million from the California Department of Forestry and Fire Protection for its BKR 5000 portable communications technology. John Suzuki, CEO of BK Technologies commented, "CAL FIRE is a longstanding customer and we're pleased to expand our partnership with this significant order, as they upgrade their portable communications platform.

BK Technologies Receives $1.6 Million Purchase Order for BKR 5000 from California Department of Forestry and Protection

Only Push-To-Talk Over Cellular (PTToC) Service that Enables On-Demand Communications to Any Smartphone User WEST MELBOURNE, FL / ACCESSWIRE / October 11, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced the launch of its first BKRplay service, InteropONE, the only PTToC service that enables operational interoperability to first responders through on-demand creation of user groups without requiring network pre-provisioning or gateways. InteropONE, in cooperation with its PTToC platform partner, STREAMWIDE SA, a leading communications software technology provider, facilitates multi-agency incident response and mutual aid in planned or unplanned incidents such as large public events, disaster relief, criminal intelligence, and mass violence, where a lack of communications can slow or hinder the response.

BK Technologies Launches InteropONE

WEST MELBOURNE, FL / ACCESSWIRE / September 29, 2022 / BK Technologies Corporation (NYSE American:BKTI) ("BK Technologies" or the "Company") today announced that its Board of Directors has declared a quarterly dividend of $0.03 per share of the Company's common stock, payable on November 8, 2022, to stockholders of record of the Company's common stock as of the close of business on October 25, 2022. Kyle Cerminara, Chairman of the Board of BK Technologies, commented, "We are dedicated to returning value to our shareholders and this marks our twenty-sixth consecutive quarter paying a dividend.

BK Technologies Declares Quarterly Dividend of $0.03 Per Share

BK Technologies Corporation (NYSE:BKTI ) Q2 2022 Earnings Conference Call August 11, 2022 9:00 AM ET Company Participants John Suzuki - Chief Executive Officer Scott Malmanger - Chief Financial Officer Conference Call Participants Aaron Martin - AIGH Investment Partners Orin Hirschman - AIGH Investment Partners Operator Good morning, ladies and gentlemen and welcome to the BK Technologies Corporation Conference Call for the Second Quarter 2022. This call is being recorded.

BK Technologies Corporation (BKTI) CEO John Suzuki on Q2 2022 Results - Earnings Call Transcript

Strong Demand for BKR 5000 Drove Record Second Quarter Bookings of $19M WEST MELBOURNE, FL / ACCESSWIRE / August 11, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced financial and operating results for the second quarter and six months ended June 30, 2022. The Company will host a conference call today, August 11, 2022, at 9:00 a.m.

BK Technologies Announces Second Quarter 2022 Results

West Melbourne, Florida--(Newsfile Corp. - August 9, 2022) - BK Technologies Corporation (NYSE American: BKTI) today announced that John Suzuki, CEO, will be attending the Q3 Virtual Investor Summit. John Suzuki, CEO of BK Technologies, will present at the Q3 Investor Summit on Wednesday, August 17, 2021 at 2:00 PM ET and will be available for one-on-one meetings throughout the day.A replay of the presentation will be available on the BK Technologies website.

BK Technologies Corporation to Present at Investor Summit Group's Q3 Virtual Conference

WEST MELBOURNE, FL / ACCESSWIRE / July 28, 2022 / BK Technologies Corporation (NYSE American:BKTI) will host an investor conference call with slide presentation to discuss its operating results for the second quarter and six months ended June 30, 2022 on Thursday, August 11, 2022 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, 2022 prior to the call on Thursday, August 11, 2022.

BK Technologies to Host Second Quarter 2022 Conference Call on Thursday, August 11, 2022

Opens second BKR 5000 production line at its West Melbourne, Florida manufacturing facility WEST MELBOURNE, FL / ACCESSWIRE / July 26, 2022 / BK Technologies Corporation (NYSE American:BKTI) today announced that it has received six purchase orders for a total value of approximately $8.9 million from the United States Department of Agriculture Forest Service (USFS) for its KNG mobile and BKR 5000 portable communications technology. The purchase orders are part of the Company's 5-year Blanket Purchase Agreement (BPA) with the U.S. Department of Agriculture, announced in May 2021, and reflect the agency's commitment to its lifecycle replacement program designed to migrate to newer, more effective portable communications platforms.

BK Technologies Awarded Six New Purchase Orders Totaling $8.9 Million from USDA Forest Service

WEST MELBOURNE, FL / ACCESSWIRE / July 6, 2022 / BK Technologies Corporation (NYSE American:BKTI) ("BK Technologies" or the "Company") today announced that board member Kyle Cerminara has been named Chairman of the Board of Directors. Mr. Cerminara replaces Major General (Ret.

BK Technologies Names Kyle Cerminara Chairman

WEST MELBOURNE, FL / ACCESSWIRE / July 6, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that its Board of Directors has appointed Scott Malmanger as a consultant to serve as the Company's interim Chief Financial Officer effective July 1st, 2022, succeeding Bill Kelly who is retiring from the Company in accordance with his previously announced plans. Mr. Kelly has agreed to remain available to the Company in an advisory role to ensure a smooth transition.

BK Technologies Appoints Scott Malmanger as Interim Chief Financial Officer

BK Technologies Corporation (NYSE:BKTI ) Q1 2022 Earnings Conference Call May 12, 2022 9:00 AM ET Company Participants John Suzuki - CEO Bill Kelly - EVP and CFO Conference Call Participants Aaron Martin - AIGH Investment Partners Orin Hirschman - AIGH Investment Partners Operator Good morning, ladies and gentlemen, and welcome to the BK Technologies Corporation Conference Call for the First Quarter 2022. This call is being recorded.

BK Technologies Corporation's (BKTI) CEO John Suzuki on Q1 2022 Earnings Call Transcript

Strong Demand for BKR 5000 Drove Record First Quarter Bookings of $15.7M Launched SaaS Solutions Business Unit Focused on the Public Safety Market Supply Chain Constraints Continued To Impact Revenue Generation in Quarter WEST MELBOURNE, FL / ACCESSWIRE / May 12, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK") today announced financial and operating results for the first quarter ended March 31, 2022. The Company will host a conference call today, May 12, 2022, at 9:00 a.m.

BK Technologies Announces First Quarter 2022 Results

WEST MELBOURNE, FL / ACCESSWIRE / May 4, 2022 / BK Technologies Corporation (NYSE American:BKTI) will host an investor conference call to discuss its operating results for the first quarter ended March 31, 2022 on Thursday, May 12, 2022 at 9:00 a.m. ET. On the call will be John Suzuki, CEO and William Kelly, Executive Vice President and Chief Financial Officer.

BK Technologies to Host First Quarter 2022 Conference Call on Thursday, May 12, 2022

WEST MELBOURNE, FL / ACCESSWIRE / April 14, 2022 / BK Technologies Corporation (NYSE American:BKTI) today announced that it has received a purchase order valued at $1.7 million from the United States Department of Agriculture Forest Service (USFS) for its BKR 5000 portable communications technology. The purchase order is part of the Company's 5-year Blanket Purchase Agreement (BPA) with the U.S. Department of Agriculture, announced in May 2021, and reflects the agency's commitment to its lifecycle replacement program designed to migrate to newer, more effective portable communications platforms.

BK Technologies Awarded $1.7 Million Purchase Order from USDA Forest Service for BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / March 23, 2022 / BK Technologies Corporation (NYSE American: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.

BK Technologies Appoints Industry Veteran James Teel to Lead New SaaS Solutions Business

BK Technologies Corporation's (BKTI) CEO John Suzuki on Q4 2021 Results - Earnings Call Transcript

WEST MELBOURNE, FL / ACCESSWIRE / March 17, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK") today announced financial and operating results for the fourth quarter and full year ended December 31, 2021. The Company will host a conference call today, March 17, 2022, at 9:00 a.m.

BK Technologies Announces Fourth Quarter and Full Year 2021 Results

WEST MELBOURNE, FL / ACCESSWIRE / March 10, 2022 / BK Technologies Corporation (NYSE American:BKTI) will host an investor conference call to discuss its operating results for the fourth quarter and year ended December 31, 2021 on Thursday, March 17, 2022 at 9:00 a.m. ET. On the call will be John Suzuki, CEO and William Kelly, Executive Vice President and Chief Financial Officer.

BK Technologies to Host Fourth Quarter and Full Year 2021 Conference Call on Thursday, March 17, 2022

WEST MELBOURNE, FL / ACCESSWIRE / March 9, 2022 / BK Technologies Corporation (NYSE American:BKTI) today announced the launch of a dedicated business unit focused on delivering software-as-a-service (SaaS) solutions to the public safety market. The new unit will develop and deliver a comprehensive suite of state-of-the-art subscription-based software solutions for first responders utilizing the public cellular network.

BK Technologies Launches New SaaS Solutions Business Dedicated to Public Safety Market

WEST MELBOURNE, FL / ACCESSWIRE / March 3, 2022 / BK Technologies Corporation (NYSE American:BKTI) today announced that John Suzuki, Chief Executive Officer of BK Technologies, and Bill Kelly, Chief Financial Officer, will attend the 34th Annual ROTH Conference being held virtually and in-person at the Ritz Carlton, Laguna Niguel in Dana Point, California. Mr. Suzuki and Mr.

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