earnings
confidence high
sentiment positive
materiality 0.75
BK Technologies beats 2024 targets: full year GAAP EPS $2.25, Q4 revenue $17.9M (+9.9%)
BK Technologies Corp
- Full year 2024 GAAP diluted EPS of $2.25 beats target of $1.65; non-GAAP adjusted EPS $2.30 beats $1.92 target.
- Q4 revenue of $17.9M up 9.9% YoY; full year revenue $76.6M.
- Q4 gross margin improved to 41.2% from 35.1% YoY; full year gross margin 37.9% vs 30.0%.
- GAAP EPS includes one-time non-cash income tax benefit of $0.27 per share for full year.
- BKR 9000 multiband radio gaining market acceptance, driving sales momentum.