---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007950"
form_type: "8-K"
ticker: "BUKS"
cik: "0000015847"
company_name: "BUTLER NATIONAL CORP"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:14:31.881139+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-007950
- form_type: 8-K
- ticker: BUKS
- cik: 0000015847
- company_name: BUTLER NATIONAL CORP
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/15847/000143774924007950/0001437749-24-007950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/15847/000143774924007950/buks20231215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007950
- JSON: https://secwatch.observer/filing/0001437749-24-007950.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007950.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/15847/000143774924007950/0001437749-24-007950-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.