secwatch.observer — SEC 8-K summary
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Issuer:     BUTLER NATIONAL CORP (BUKS)
CIK:        0000015847
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001437749-24-007950
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15847/000143774924007950/0001437749-24-007950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15847/000143774924007950/buks20231215_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-007950

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