secwatch.observer — SEC 8-K summary
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Issuer:     BUTLER NATIONAL CORP (BUKS)
CIK:        0000015847
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001437749-24-029094
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Butler National Q1 revenue up 15% to $19.8M; operating income surges 211% to $3.5M
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- Net income $2.2M ($0.03 EPS) vs $719K ($0.01 EPS) in Q1 FY24.
- Aerospace Products revenue +30% to $10.6M; Professional Services +2% to $9.2M.
- Record backlog of $38.2M; sports wagering revenue $1.0M from DraftKings partnership.
- Operating income $3.5M vs $1.1M; cost improvements in Aerospace (71% cost/revenue vs 90%).
- Annual shareholder meeting set for October 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15847/000143774924029094/0001437749-24-029094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15847/000143774924029094/buks20240625_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-029094

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