Welcome to our dedicated page for Bk Technologies news (Ticker: BKTI), a resource for investors and traders seeking the latest updates and insights on Bk Technologies stock.
BK Technologies Corporation (NYSE American: BKTI) is a Nevada-incorporated holding company that, through its subsidiaries, designs and manufactures high-specification communications equipment for public safety professionals and government agencies. As a provider of advanced public safety communications solutions, the company regularly issues news on product deployments, customer orders, financial performance and corporate developments.
News about BK Technologies often highlights its BKR Series land mobile radios and the BK ONE family of solutions. Recent releases have described significant purchase orders from the USDA Forest Service for BKR 5000 handheld radios, growing market recognition for the BKR 9000 multiband portable radio, and field deployments of InteropONE and RelayONE during multi-agency fire and aviation training exercises. These updates illustrate how the company’s equipment and solutions are used in wildland fire operations and other mission-critical environments.
Investors and analysts following BKTI can also find regular coverage of quarterly results, earnings calls and guidance updates. The company reports on revenue trends, gross margin performance and non-GAAP metrics, and announces conference calls and webcasts to discuss its financial and operating results. Additional news items include participation in investor and technology conferences, board and executive appointments, and approvals of equity incentive and employee stock purchase plans.
This news page aggregates BK Technologies’ press releases and related coverage so readers can review the company’s operational updates, major contracts, Solutions business milestones and capital markets activities in one place. For those tracking public safety communications providers and government-focused radio manufacturers, BKTI news offers insight into order activity, product adoption and corporate governance actions over time.
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.
BK Technologies (NYSE American:BKTI) announced it will host an investor conference call with a slide presentation to discuss its third quarter and nine months operating results ended September 30, 2024. The event is scheduled for Thursday, November 14, 2024, at 9:00 a.m. ET. Financial results will be released prior to the call. Shareholders can participate by dialing (888) 506-0062 (US) or (973) 528-0011 (international) using access code 682603. The presentation will be webcast and available for replay until November 21, 2024.
BK Technologies has received a $3.3 million purchase order from the Florida Forest Service for their BKR 9000 multiband portable radios. The order comes after field testing both BKR 5000 and BKR 9000 models, with the customer choosing the BKR 9000 for its multiband capabilities and superior interoperability with city and county trunked systems. The radios will be used for wildland fire operations, controlled burns, and research activities. The order was processed through the National Association of State Procurement Officials (NASPO) contract vehicle.
BK Technologies (NYSE American:BKTI) announced that its BKR 9000 multiband radio has received approval from the National Interagency Fire Center (NIFC) for use in federal wildland fire operations. This approval qualifies the radio for purchase by the Department of the Interior and use by federal employees and contractors. The BKR 9000 offers multiband capability, operating on all four Land Mobile Radio frequency bands in various settings, from urban centers to rural communities. It provides superior interoperability across federal, state, and local agencies. This approval follows the NIFC approval of BK Technologies' BKR 5000 single band radio in March 2021, expanding the company's offerings for wildland fire operations.
BK Technologies (NYSE American:BKTI) has announced that its CEO, John Suzuki, will attend the 4th Annual CEO Networking Event hosted by Semco Capital. The event is scheduled for August 15, 2024, at the Wildfire Restaurant in Chicago. Suzuki will participate in a fireside chat hosted by Scott Weis of Semco Capital and will be available for questions.
This annual event brings together leading microcap companies with strong management teams and growth potential. Investors interested in attending can contact Scott Weis at scott@semcocapital.com for more information.
BK Technologies (NYSE American:BKTI) announced strong Q2 2024 results, with revenue increasing 7% to $20.3 million and GAAP EPS of $0.47. The company saw improved gross margins of 37.3% and a growing order backlog of $26.9 million. Key highlights include:
- Significant orders from CalFire and Mississippi Forestry Commission
- Successful transition to outsourced manufacturing with East West Manufacturing
- Patent issued for InteropONE™ voice dispatch interoperability solution
- Reaffirmed full-year 2024 GAAP EPS target exceeding $1.50
CEO John Suzuki expressed confidence in the company's performance and future outlook, citing increased market demand for their products and the positive impact of their outsourced manufacturing model on margins.