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BK Technologies Announces Fourth Quarter and Full Year 2024 Results

1. BKTI reported strong revenue growth and exceeded profit targets in 2024. 2. Sales momentum for BKR 9000 radio provides bullish outlook for future earnings.

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$29.2703/27 07:06 AM EDTEvent Start

$34.203/28 02:04 PM EDTLatest Updated
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FAQ

Why Bullish?

The exceeded EPS target and revenue growth typically signal positive investor sentiment. Historical examples include similar impacts following strong earnings reports leading to stock price gains.

How important is it?

The strong performance and outlook directly relate to investor sentiment around BKTI, supporting potential price increases due to market optimism.

Why Short Term?

The results will likely influence next quarter's performance and investor buying. Past earnings surprises have shown quick responses in share prices, indicating short-term price movements.

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2024 highlighted by revenue growth, sequential margin expansion and strong profitability Full year GAAP diluted EPS of $2.25; Full year non-GAAP diluted adjusted EPS of $2.30 exceeds full year non-GAAP EPS target of $1.92 Strong market acceptance and sales momentum for BKR 9000 multiband radio throughout 2024 WEST MELBOURNE, FL / ACCESS Newswire / March 27, 2025 / BK Technologies Corporation (NYSE American:BKTI) (the "Company," "BK Technologies") today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. The Company will host a conference call today, March 27, 2025, at 9:00 a.m.

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