Butler National Q2 revenue $19.6M (+1%), EPS $0.07 vs $0.03; backlog $26.7M

BUTLER NATIONAL CORP

2024-Q2 EPS reported $0.08 revenue$36,786,000

Revenue $19.6M (+1% YoY); net income $5.0M ($0.07 dil EPS) vs $2.7M ($0.03) prior year.
Aerospace Products revenue $9.8M (+3%); swung to operating income $1.5M from loss $1.7M.
Professional Services revenue $9.8M (+0.3%); sports wagering $1.3M quarterly revenue.
Backlog $26.7M; cash used $3.7M in H1 including $2.4M for KC Machine acquisition.
Management remains positive about remainder of FY2024; King Air Cargo Door project continues.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BUTLER NATIONAL CORP reported the second quarter for the period ending October 31, 2023 results: revenue $19,602, net income $4,951, EPS $0.07.

Period: the second quarter for the period ending October 31, 2023
Revenue: $19,602
Net income: $4,951
EPS: $0.07
Result: reported results

Exact text from the filing

. Historical selected financial data related to all operations: Quarter Ended October 31 Six Months Ended October 31 (In thousands) (In thousands) 2023 2022 2023 2022 Revenue $ 19,602 $ 19,326 $ 36,786 $ 34,629 Operating Income $ 3,598 $ 4,002 $ 4,735 $ 5,627 Net Income $ 4,951 $ 2,683 $ 5,670 $ 3,114 Total Assets $ 111,613 $ 105,381 $ 111,613 $ 105,381

View on SEC.gov

309 earnings releases filed in the last 30 days. Browse all earnings releases →

BUTLER NATIONAL CORP filing history →

Source: SEC EDGAR

accession 0001437749-23-034495

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.