secwatch.observer — SEC 8-K summary
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Issuer:     BUTLER NATIONAL CORP (BUKS)
CIK:        0000015847
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001437749-23-034495
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15847/000143774923034495/0001437749-23-034495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15847/000143774923034495/buks20230921_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-034495

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer