Butler National Q3 revenue down 7% to $18.96M; operating income up 12% to $3.8M

BUTLER NATIONAL CORP

2024-Q3 EPS reported $0.11 revenue$55,746,000

Revenue $18.96M (down 7% YoY); net income $2.38M ($0.03 EPS) vs $1.98M ($0.03 EPS) in prior year.
Aerospace Products revenue fell 17% to $9.0M; operating income improved to $1.6M from $1.1M.
Professional Services revenue up 4% to $9.9M; sports wagering contributed $1.5M in quarterly revenue.
Backlog remains strong at $30.4M; management cites 20+ active modification projects and growing demand.
Nine-month net income rose to $8.05M ($0.11 EPS) from $5.09M ($0.07 EPS) in prior year period.

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 third quarter fiscal 2024 ended January 31, 2024 results: revenue $18,960, net income $2,382, EPS $0.03.

Period: the third quarter fiscal 2024 ended January 31, 2024
Revenue: $18,960
Net income: $2,382
EPS: $0.03
Result: reported results

Exact text from the filing

Historical selected financial data related to all operations: Quarter Ended January 31, Nine Months Ended January 31, (In thousands) (In thousands) 2024 2023 2024 2023 Revenue $ 18,960 $ 20,464 $ 55,746 $ 55,093 Operating Income $ 3,795 $ 3,385 $ 8,531 $ 9,012 Net Income $ 2,382 $ 1,977 $ 8,052 $ 5,091 Total Assets $ 113,279 $ 111,077 $ 113,279 $ 111,077

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 0001437749-24-007950

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.