secwatch / observer
8-K filed March 16, 2023, 7:59 PM ET ticker BKTI CIK 0000002186
earnings confidence high sentiment negative materiality 0.80

BK Technologies reports record FY2022 revenue of $51M but net loss widens; suspends dividend

BK Technologies Corp

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BK Technologies Corp reported the fourth quarter ended December 31, 2022 results: revenue $20.3 million, net income ($961,000), EPS ($0.06) per basic and diluted share.

Period
the fourth quarter ended December 31, 2022
Revenue
$20.3 million
Net income
($961,000)
EPS
($0.06) per basic and diluted share
Result
reported results
Exact text from the filing
and year ended December 31, 2022. The Company will host a conference call today, March 16, 2023 at 9:00 a.m. Eastern Time. Fourth Quarter 2022 Financial and Operational Update · $20.3 million in revenue in the quarter driven by solid demand for BKR 5000 · Continued strong interest in BKR 5000 contributed to total backlog of $27 million at December 31, 2022 · Exceeded
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BK Technologies Corp reported the full year ended December 31, 2022 results: revenue $51.0 million, net income ($11.6 million), EPS ($0.69) per basic and diluted share.

Period
the full year ended December 31, 2022
Revenue
$51.0 million
Net income
($11.6 million)
EPS
($0.69) per basic and diluted share
Result
reported results
Exact text from the filing
--- EX-99.1 2 bkti_ex991.htm PRESS RELEASE bkti_ex991.htm EXHIBIT 99.1 BK Technologies Announces Fourth Quarter and Year-End 2022 Results Achieves Full Year Record Revenue of $51 Million And Closes 2022 With Backlog of $27 Million WEST MELBOURNE, FL March 16, 2023 / BK Technologies Corporation (NYSE American: BKTI) (the “Company” or “BK Technologies”) today
View on SEC.gov

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Source: SEC EDGAR
accession 0001654954-23-002960
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