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BK Technologies(BKTI) - 2024 Q1 - Earnings Call Transcript
2024-05-12 16:47
John Nesbett - IMS Investor Relations John Suzuki - Chief Executive Officer Scott Malmanger - Chief Financial Officer Operator John Nesbett Okay. I'll now turn the call over to John Suzuki, CEO of BK Technologies. Go ahead, John. Our relatively new SaaS division represents our longer-term vision developing next generation solutions that combine land mobile radios with LTE 5G smartphones to create seamless connectivity making the first responder safer and more productive. Now let's dive into our first quarte ...
BK Technologies(BKTI) - 2024 Q1 - Quarterly Results
2024-05-09 17:41
EX-99.1 2 bkti_ex991.htm PRESS RELEASE EXHIBIT 99.1 BK Technologies Announces First Quarter 2024 Results First Quarter EPS of $0.19 Adjusted EBITDA of $1.4 Million WEST MELBOURNE, FL May 9, 2024 / BK Technologies Corporation (NYSE American: BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the first quarter ended March 31, 2024. The Company will host a conference call today, May 9, 2024, at 9:00 a.m. Eastern Time. John Suzuki, CEO of BK Technologies commented, "Our ...
BK Technologies(BKTI) - 2024 Q1 - Quarterly Report
2024-05-09 11:10
Exhibit Index 29 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ Nevada 83-4064262 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, par value $0.60 per share BKTI NYSE American FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO S ...
BK Technologies(BKTI) - 2023 Q4 - Earnings Call Transcript
2024-03-14 15:15
John Suzuki Operator Thank you, Jen. Thank you all for participating in today's call. We look forward to speaking with you again, as we report our Q1 results. All the best to all of you and have a great day. Thank you very much, John. This does conclude today's conference. You may now disconnect your lines and have a wonderful day. Thank you for your participation. John Nesbett - IMS Investor Relations Conference Call Participants Operator John Nesbett The company's actual results, performance or achievemen ...
BK Technologies(BKTI) - 2023 Q4 - Annual Results
2024-03-13 16:00
WEST MELBOURNE, FL March 14, 2024 / BK Technologies Corporation (NYSE American: BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the fourth quarter and year ended December 31, 2023. The Company will host a conference call today, March 14, 2024, at 9:00 a.m. Eastern Time. Revenue decreased 20% to $16.3 million, compared with $20.3 million for the fourth quarter of 2022 primarily due to record radio unit shipments in the fourth quarter of 2022, as a result of improv ...
BK Technologies(BKTI) - 2023 Q4 - Annual Report
2024-03-13 16:00
Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ For the fiscal year ended December 31, 2023 Commission file number: 001-32644 Registrant's telephone number, including area code: (321) 984-1414 Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 1 ...
BK Technologies(BKTI) - 2023 Q3 - Earnings Call Transcript
2023-11-12 16:30
Jen Belodeau - Vice President, IR Brett Reiss - Janney Montgomery Scott Jen Belodeau Scott Malmanger - Chief Financial Officer Operator I will take a moment to read the Safe Harbor statements. Statements made during this conference call and presented in the presentation that are not based on the historical facts are forward-looking statements. Such statements include, but are not limited to projections or statements of future goals and targets regarding the company's revenue and profits. These statements ar ...
BK Technologies(BKTI) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
Table of Contents The Company's income tax provision is based on management's estimate of the effective tax rate for the full year. The tax provision (benefit) in any period will be affected by, among other things, permanent, as well as temporary, differences in the deductibility of certain items, changes in the valuation allowance related to net deferred tax assets, in addition to changes in tax legislation. As a result, the Company may experience significant fluctuations in the effective book tax rate (th ...
BK Technologies(BKTI) - 2023 Q2 - Earnings Call Transcript
2023-08-10 19:36
As we continue to receive system approvals, our order book continues to grow. Our shipment plan remains modest initially, as we primer production line and ramp up as we head into the fourth quarter and 2024. Scott Malmanger Gross profit margin in the second quarter was 27% compared with 14% in the second quarter of last year. Selling, general and administrative expenses, or SG&A, for the second quarter total approximately $6 million, compared with $5.4 million for the same quarter last year. In the second q ...
BK Technologies(BKTI) - 2023 Q2 - Quarterly Report
2023-08-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended June 30, 2023 Commission File Number: 001-32644 Nevada 83-4064262 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Registrant's telephone number, including area code: (321) 984-1414 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the ...