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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TE Connectivity PLC

The following research was written with Christine Short, VP of Research at Wall Street Horizon. Executive Summary and Corporate Earnings Outlook (week of August 9): – Q2 earnings season is setting records in terms of EPS beat rates, but the future is uncertain regarding global regulatory risks and domestic infrastructure spending.

Two Small Cap Stocks To Watch As Corporate Earnings Continue

WEST MELBOURNE, FL / ACCESSWIRE / July 29, 2021 / BK Technologies Corporation (NYSE American:BKTI) will host an investor conference call to discuss its operating results for the second quarter and six months ended June 30, 2021 on Thursday August 12, 2021 at 9:00 a.m., EDT. On the call will be John Suzuki, CEO; Timothy Vitou, President; and William Kelly, Executive Vice President and Chief Financial Officer.

BK Technologies to Host Second Quarter 2021 Conference Call on Thursday, August 12, 2021

WEST MELBOURNE, FL / ACCESSWIRE / July 29, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that Redmond Fire & Rescue in Redmond, OR has selected BK's new BKR 5000 portable communications technology for purchase and deployment. In addition to the city of Redmond, the department also interoperates with other fire and rescue providers in Deschutes County, including Sisters, Bend and Alfafa.

Redmond, OR Fire & Rescue Selects BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / July 27, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the Tennessee Valley Authority ("TVA") has placed an order for its new BKR 5000 portable communications technology. BK President Tim Vitou commented, "We're pleased to begin working with the Tennessee Valley Authority, providing our state-of the-art BKR 5000 portable communications technology to assist their operations.

Tennessee Valley Authority Selects BK Technologies' BKR 5000

Former JVC Kenwood Exec Tasked with Driving Sales Growth and M&A Strategy WEST MELBOURNE, FL / ACCESSWIRE / July 20, 2021 / BK Technologies Corporation (NYSE American: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.

BK Technologies Appoints Mobile Communications Industry Veteran John Suzuki as Chief Executive Officer

WEST MELBOURNE, FL / ACCESSWIRE / July 15, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that it has received an order from Florida State Parks for its new BKR 5000 portable communications technology. BK President Tim Vitou commented, "Florida State Parks has been a valued BK customer for many years, and we're pleased to support their upgrade to our new BK 5000 technology.

BK Technologies Receives Order From Florida State Parks For BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / July 13, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that Farsouth Fire & Rescue has selected BK's new BKR 5000 portable communications technology for purchase and deployment. Farsouth is a volunteer fire station located in in Chaparral, New Mexico and has served Otero County since 1996.

Farsouth Fire & Rescue Department Selects BK Technologies' BKR 5000

- Retired Marine Corps Major General with Extensive Experience - WEST MELBOURNE, FL / ACCESSWIRE / July 8, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that board member Major General (Ret.) E. Gray Payne has been named Chairman of the Board of Directors.

BK Technologies Names General Payne Chairman

WEST MELBOURNE, FL / ACCESSWIRE / July 6, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the United States Department of the Interior Bureau of Land Management ("BLM") has chosen BK's new BKR 5000 portable communications technology for purchase and deployment. The BLM manages 245 million acres of public lands and 700 million acres of mineral estate in the United States.

U.S. Department of the Interior Bureau of Land Management to Deploy BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / June 30, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the Oregon Department of Forestry ("ODF") has selected BK's new BKR 5000 portable communications technology for purchase and deployment. BK President Tim Vitou commented, "We're pleased to have the opportunity to continue assisting ODF's mission to protect and manage Oregon's forested ecosystems and watershed by providing our new BKR 5000 portable communications technology to the agency and its personnel.

Oregon Department of Forestry Selects BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / June 24, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the Depoe Bay Fire District, comprised of a 13 square mile area of the Central Oregon coastline, has chosen BK's new BKR 5000 portable communications technology for purchase and deployment. BK President Tim Vitou commented, "We are pleased to continue our longstanding relationship with the Depoe Bay Fire District as they upgrade their communications system to our new BKR 5000 portable communications technology.

Depoe Bay Fire District Upgrades to BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / June 22, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that Portland Fire & Rescue has selected BK's new BKR 5000 portable communications technology for purchase and deployment. BK President Tim Vitou commented, "Portland Fire & Rescue (PF&R) is Oregon's largest fire and emergency services provider and demands communications technology with exceptional performance, because every second counts.

Portland Fire & Rescue Selects BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / June 17, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the Montana Department of Natural Resources and Conservation has chosen BK's new BKR 5000 portable communications technology for deployment in the agency's Fire Protection, Forestry Conservation and Trust Lands Management Divisions. Combined, these divisions are responsible for planning and implementing forestry and fire management programs via an extensive network of field and unit offices across the state.

Montana Department of Natural Resources and Conservation Chooses BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / June 15, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the Illinois Division of Forestry Resources has chosen BK's new BKR 5000 portable communications technology for deployment in wildland fire suppression activities. BK President Tim Vitou commented, "Illinois Division of Forestry Resources is charged with reducing wildfire risk for over 4.8 million acres of forest land, with reliable communications playing a vital role.

Illinois Division of Forestry Resources Chooses BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / June 9, 2021 / BK Technologies Corporation (NYSE American:BKTI), ("BK Technologies" or the "Company") today announced the closing of its previously announced public offering of 4,249,250 shares of its common stock at a public offering price of $3.00 per share, for aggregate gross proceeds of $12,747,750, before deducting underwriting discounts and commissions and estimated offering expenses. The shares sold in the offering include the exercise in-full by the underwriters of their over-allotment option to purchase up to 554,250 shares of common stock in addition to the 3,695,000 shares of the Company's common stock, which the underwriters initially agreed to purchase.

BK Technologies Corporation Announces Closing of Public Offering, Including Full Exercise of Underwriters' Over-allotment Option

The selloff in BK Technologies may be over: the stock is oversold and at support. There's a good chance the shares will rebound.

Is Tt Time To Buy Penny Stock BK Technologies?

Communications equipment company BK Technologies Corp (NYSE: BKTI) priced 3.7 million shares at $3 per share to raise $11.1 million gross proceeds in a secondary public offering. The offer price signifies a 9.1% discount to the June 4 closing price of $3.3.

BK Technologies Raises $11.1M Via Secondary Equity Sale at 9% Discount

WEST MELBOURNE, FL / ACCESSWIRE / June 6, 2021 / BK Technologies Corporation (NYSE American:BKTI), ("BK Technologies" or the "Company") today announced the pricing of its underwritten public offering of 3,695,000 shares of its common stock at a public offering price of $3.00 per share, for aggregate gross proceeds of $11,085,000, before deducting underwriting discounts and commissions and estimated offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 554,250 shares of common stock to cover over-allotments, if any, at the public offering price, less the underwriting discounts and commissions.

BK Technologies Corporation Announces Pricing of $11 Million Public Offering

WEST MELBOURNE, FL / ACCESSWIRE / June 3, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.

BK Technologies Corporation Announces Proposed Public Offering of Common Stock

WEST MELBOURNE, FL / ACCESSWIRE / June 2, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced that the Nevada Division of Forestry has selected BK's new BKR 5000 portable communications technology for purchase and deployment. BK President Tim Vitou commented, "Nevada Division of Forestry provides professional natural resource and wildland fire management services that cover 20 million acres of federal land.

Nevada Division of Forestry Selects BK Technologies' BKR 5000

WEST MELBOURNE, FL / ACCESSWIRE / May 26, 2021 / BK Technologies Corporation (NYSE on (NYSE American:BKTI) today announced the Washington Department of Fish & Wildlife (WDFW) has selected BK's new BKR 5000 digital P-25 portable communications technology. BK President Tim Vitou commented, "WDFW manages over a million acres of land, and its communications needs are far reaching.

Washington Department of Fish & Wildlife Selects BK Technologies' New BKR 5000 Portable Communications Technology

The United States Forest Service is an agency of the U.S. Department of Agriculture that administers the nation's 154 national forests and 20 national grasslands. The Forest Service manages 193 million acres of land.

BK Technologies Awarded a 5-Year Blanket Purchase Agreement (BPA) from the USDA Forest Service

WEST MELBOURNE, FL / ACCESSWIRE / May 13, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced financial and operating results for the first quarter ended March 31, 2021. The Company will host a conference call today, May 13, 2021, at 9:00 AM eastern time.

BK Technologies Announces First Quarter 2021 Results

WEST MELBOURNE, FL / ACCESSWIRE / May 11, 2021 / BK Technologies Corporation (NYSE American:BKTI) today announced its BKR 5000 communications technology was selected by Boardman Fire & Rescue District, in Boardman, Oregon. BK President Tim Vitou commented, "We're pleased to deliver the BKR 5000 to Boardman Fire and Rescue.

BK Technologies Announces Award from Boardman Fire & Rescue District for New BKR 5000 Portable Communications Technology

WEST MELBOURNE, FL / ACCESSWIRE / May 6, 2021 / BK Technologies Corporation (NYSE American: BKTI) announces its BKR 5000 communications technology has passed Alaska's ‘ALMR' testing. BK President Tim Vitou commented, "We're thrilled to be certified for use by ALMR, whose mission is to provide reliable and secure interoperable communications for first responders in Alaska, the largest state in the US by area, covering over 600,000 square miles.

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