Butler National reports record FY2024 EPS $0.18, revenue $78.4M up 4% YoY

BUTLER NATIONAL CORP

Record diluted EPS $0.18 vs $0.06 in FY2023; net income $12.5M up from $4.5M.
Revenue $78.4M (+4% YoY); Aerospace Products revenue $39.7M (+7%) led by modifications and special missions.
Professional Services revenue $38.6M (+2%); sports wagering contributed $4.6M vs $2.7M.
Operating margin improved to 17% from 12%; operating income $13.2M vs $8.7M.
Backlog $30.3M at April 30, 2024; invested $3.1M in new product R&D.

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