secwatch.observer — SEC 8-K summary
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Issuer:     BK Technologies Corp (BKTI)
CIK:        0000002186
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001654954-22-014620
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BK Technologies Q3 revenue down 6% to $11.9M; record bookings $28M, backlog $42M
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- Revenue $11.9M (-6% YoY); gross margin 19% (down from 33%) on supply chain costs.
- Record Q3 bookings of $28M; backlog $42M vs $13M at end-2021, driven by BKR 5000 demand.
- Net loss $2.4M ($0.14/sh) vs $2.6M loss last year; operating loss $2.4M vs $370k.
- Hurricane Ian delayed ~$1.5M revenue into early Oct; supply chain improving, margins expected back to historical by Dec.
- BKR 9000 launch on track for Q4 2022; SaaS InteropONE launched after quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2186/000165495422014620/0001654954-22-014620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2186/000165495422014620/bkti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-014620

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