BK Technologies reports Q1 2024 revenue of $18.2M, consistent with Q1 2023, with improved profitability and strong radio demand.
BK Technologies Corporation reported its Q1 2024 financial results on May 9, with revenue of $18.2M, essentially consistent with Q1 2023. CEO John Suzuki highlighted improved profitability, with EPS of $0.19, and a strong demand for radios, increasing backlog to $19M. Production of the BKR 5000 was successfully transferred to East West Manufacturing, and inventory was reduced by $1.4M.
May 09, 2024
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