STOCK TITAN

Butler National Corp. - BUKS STOCK NEWS

Welcome to our dedicated news page for Butler National (Ticker: BUKS), a resource for investors and traders seeking the latest updates and insights on Butler National.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Butler National's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Butler National's position in the market.

Rhea-AI Summary
Butler National (BUKS) reports a 12% increase in operating income to $3.8 million for the third quarter of fiscal 2024. Revenue decreased to $18.96 million due to lower Aerospace Products revenue but Professional Services saw growth. Net income rose to $2.4 million compared to the previous year. The company invested $845 in new product development. Management is optimistic about future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
Rhea-AI Summary
Butler National appoints two independent directors and CEO to the Board of Directors, enhancing aviation expertise and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
-
Rhea-AI Summary
Butler National appoints two independent directors and CEO to the Board of Directors, enhancing aviation expertise and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
Tags
none
Rhea-AI Summary
Butler National Corporation (BUKS) reports a 1% increase in revenue to $19.6 million for the second quarter of fiscal 2024. Net income rose to $4.9 million compared to $2.7 million in the same period last year, resulting in quarterly earnings of seven cents per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.41%
Tags
earnings
-
Rhea-AI Summary
Avcon Industries, Inc., a subsidiary of Butler National Corporation, has obtained FAA STC Approval for the Avcon Extended Nose Bay and Aerodynamically Enhanced Super-sized Under-fuselage Mounted Pod for the King Air Model B300. The modifications provide approximately 80 cubic feet of additional space in the fuselage-mounted pod and allow for the installation of sensors, cameras, and radars. The Avcon extended nose can accommodate up to a 20-inch camera or EO/IR sensor. The catalog price for the 'Whale Pod' is $325,000, while the starting price for the King Air nose extension is $425,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
none
-
Rhea-AI Summary
Butler National acquires KC Machine to complement aircraft modifications and expand product offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.95%
Tags
acquisition
Rhea-AI Summary
Butler National Corporation announces Q1 FY2024 financial results with a 12% increase in revenue to $17.2 million and quarterly earnings of one cent per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
none
-
Rhea-AI Summary
Butler National Corporation announces a contract to redeem nearly 8% of its outstanding stock and a separation agreement with former CEO Clark D. Stewart and former President of Aerospace Craig D. Stewart. The board of directors will be reduced from seven directors to five.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.59%
Tags
none
Rhea-AI Summary
Butler National promotes Christopher Reedy to President and CEO, relocates headquarters to enhance operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.23%
Tags
none
Butler National Corp.

OTC:BUKS

BUKS Rankings

BUKS Stock Data

53.68M
26.79M
42.4%
10.87%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States
New Century

About BUKS

aviation and modification