secwatch.observer — SEC 8-K summary
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Issuer:     BK Technologies Corp (BKTI)
CIK:        0000002186
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001654954-24-005866
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BK Technologies Q1 EPS $0.19 vs -$0.37 loss; gross margin jumps to 34.5%; backlog $19M
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- Net income of $681k ($0.19 EPS) vs net loss of $1.3M ($0.37 loss) in Q1 2023.
- Revenue $18.2M, down 3% YoY but up 12% sequentially; gross margin improved to 34.5% from 26.1%.
- Operating income $983k vs operating loss of $987k YoY; Adjusted EBITDA $1.4M vs loss of $696k.
- Backlog increased to $19M; full-year EPS target of $1.50 reaffirmed.
- Manufacturing transition to East West progressing; new BKR 9500 multiband mobile radio program announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2186/000165495424005866/0001654954-24-005866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2186/000165495424005866/bkti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-005866

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