Bk Technologies, Inc. Stock Price, News & Analysis

BK Technologies (NYSE American: BKTI) announced its upcoming inclusion in both the Russell 3000 Index and Russell 2000 Index, effective June 30, 2025. This inclusion follows FTSE Russell's annual reconstitution based on market capitalization rankings as of April 30, 2025. The Russell 3000 Index comprises the largest 3,000 U.S. public companies, while the Russell 2000 Index focuses on small-cap companies. CEO John Suzuki highlighted this as a reflection of the company's growth and strong business model in providing communications equipment for public safety and government sectors. The Russell indexes, which benchmark approximately $10.6 trillion in assets, are widely used by investment managers and institutional investors for index funds and active investment strategies.

BK Technologies (NYSE American: BKTI) reported strong Q1 2025 financial results with revenue increasing 4.5% to $19.1 million compared to Q1 2024. The company achieved significant margin improvements, with gross margin reaching 47.0%, up from 34.5% in Q1 2024. GAAP earnings per share increased to $0.55 from $0.19 year-over-year, while non-GAAP adjusted EPS grew to $0.68 from $0.30. The company maintains its full-year 2025 guidance, expecting GAAP EPS to exceed $2.40 and non-GAAP adjusted EPS to exceed $2.80 per diluted share. Order backlog stood at $18.8 million, with continued demand from state and local government markets for BKR Series radios, though federal orders were light due to delayed government funding resolution.

BK Technologies Corporation (NYSE American:BKTI) has announced it will host an investor conference call with a slide presentation to discuss its first quarter 2025 operating results on Tuesday, May 13, 2025, at 9:00 a.m. ET. The company will release its financial results for Q1 2025 before the call.

Participants can join via phone using the following details: - Domestic: (888) 506-0062 - International: (973) 528-0011 - Access code: 557964

The presentation will be available via webcast and can be accessed through the company's website. A replay will be available for 30 days online and via phone until May 20, 2025.

BK Technologies (NYSE American:BKTI) has launched RelayONE, an enhanced portable repeater kit designed to extend range and enable interoperability among public safety and military radios. The updated system now supports compatibility with the BKR 9000 multiband radio, operating on VHF, UHF, or 700/800 MHz frequencies through a single radio.

As part of the rebranded BK ONE family of interoperable communications applications, RelayONE has secured its first sale to the Larimer County Sheriff's Office in Fort Collins, Colorado. The equipment will be utilized by Larimer County Search and Rescue (LCSAR), which consists of approximately 80 active professional members and responds to around 70 calls annually in a county of 360,000 residents.

BK Technologies (NYSE American:BKTI) reported strong financial results for Q4 and full year 2024. Fourth quarter revenue reached $17.9 million, up 9.9% year-over-year, with improved gross margin of 41.2%. Full year 2024 revenue was $76.6 million.

The company achieved full year GAAP earnings of $2.25 per diluted share, exceeding their target of $1.65. Non-GAAP adjusted earnings reached $2.30 per diluted share, surpassing the $1.92 target. Q4 GAAP earnings included a one-time tax benefit of $0.37 per share.

Order backlog increased to $21.8 million as of December 31, 2024, compared to $16.0 million year-over-year. The company's BKR 9000 multiband radio saw strong market acceptance throughout 2024. For 2025, management expects single-digit revenue growth, gross margins of 42% or higher, and projects GAAP EPS to exceed $2.40 per diluted share.

BK Technologies (NYSE American:BKTI) has announced its upcoming fourth quarter and full year 2024 financial results conference call, scheduled for Thursday, March 27, 2025, at 9:00 a.m. ET. The company will release its financial and operating results prior to the call on the same day.

Investors can participate through multiple channels:

• Domestic callers: (888) 506-0062
• International callers: (973) 528-0011
• Access code: 490729

The presentation will include a slide deck and will be webcast at www.webcaster4.com/Webcast/Page/2208/51943. A replay will be available until April 10, 2025, accessible via phone (domestic: 877-481-4010, international: 919-882-2331, access code: 51943) and through the company's website for 30 days.

BK Technologies (NYSE American:BKTI) has announced the establishment and expansion of its Solutions unit, rebranding its software-as-a-service (SaaS) business under the BK ONE brand name. The unit, led by James Teel, focuses on developing innovative communication platforms for emergency and planned events.

The BK ONE portfolio includes three key solutions:

• InteropONE: A Push-To-Talk Over Broadband service enabling on-demand user group creation for smartphone users
• LocateONE: An on-premise solution providing real-time GPS tracking of personnel and assets
• RelayONE: A portable repeater kit extending range and facilitating interoperability among public safety and military radios

CEO John Suzuki emphasized that BK ONE's solutions address interoperability challenges in public safety communications, particularly when integrated with BKR Series radios, potentially driving sales across both product lines.

BK Technologies (NYSE American:BKTI) has secured a purchase order from a state forestry agency for its InteropONE Push To Talk over Broadband solution. The agency initially tested InteropONE during Hurricane Helene relief efforts, using Radio over IP (RoIP) gateways to connect InteropONE users with their statewide Land Mobile Radio (LMR) system.

The successful trial demonstrated InteropONE's capability to enable administrators to communicate via smartphones with first responders using LMR radios in hurricane-affected areas. The state forestry agency plans to implement the solution in their operations shortly.

BK Technologies (NYSE American:BKTI) reported Q3 2024 financial results with revenue of $20.2 million, consistent with Q3 2023. The company achieved significant improvements with gross margin reaching 38.8%, up from 31.9% year-over-year. GAAP earnings were $0.63 per diluted share, while order backlog stood at $27.0 million. The company raised its full-year 2024 GAAP earnings target to exceed $1.65 per share from the previous $1.50. The completion of manufacturing outsourcing to East West Manufacturing has positively impacted gross margins, with expectations of continued improvement.