Bk Technologies (NYSEAMERICAN:BKTI) Issues Earnings Results

Bk Technologies (NYSEAMERICAN:BKTI) announced its quarterly earnings results on Thursday. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.77 by $0.11, FiscalAI reports. The business had revenue of $21.29 million for the quarter, compared to analyst estimates of $21.30 million. Bk Technologies had a return on equity of 41.58% and a net margin of 15.71%. Bk Technologies updated its FY 2026 guidance to 3.550-3.550 EPS.

Here are the key takeaways from Bk Technologies’ conference call:

• BK Technologies reported a strong Q1 2026, with revenue up 11.8% year over year to $21.3 million and adjusted EBITDA rising 24% to $4.0 million, helped by favorable product mix and growing demand for its BKR Series radios.
• Gross margin expanded to 51.8% from 47.0% a year ago, and adjusted EBITDA margin improved to 18.7%, reflecting stronger adoption of the higher-margin BKR-9000 multiband radio.
• The company generated $4.1 million of after-tax free cash flow, ended the quarter with a record $29 million cash balance, and remained debt-free, giving it flexibility to invest and return capital.
• Management reiterated full-year 2026 guidance for at least $90 million in revenue, gross margin of 50% or greater, GAAP EPS of $3.15, and non-GAAP adjusted EPS of $3.55.
• The company highlighted continued progress on its Vision 2030 roadmap, including strong early reception for the newly introduced BKR-9500 mobile radio and an expected FCC approval timeline in the second half of 2026, with shipments targeted for the first half of 2027.

Bk Technologies Price Performance

Bk Technologies stock traded down $3.83 during trading hours on Thursday, hitting $83.49. The stock had a trading volume of 36,456 shares, compared to its average volume of 50,734. Bk Technologies has a 1-year low of $36.17 and a 1-year high of $104.55. The stock has a market capitalization of $312.25 million, a price-to-earnings ratio of 24.34 and a beta of 0.69. The stock’s fifty day moving average is $86.44 and its two-hundred day moving average is $79.69.

Hedge Funds Weigh In On Bk Technologies

Hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its position in shares of Bk Technologies by 8.2% in the fourth quarter. NewEdge Advisors LLC now owns 6,674 shares of the company’s stock valued at $498,000 after purchasing an additional 508 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Bk Technologies during the 4th quarter worth approximately $283,000. Millennium Management LLC lifted its stake in Bk Technologies by 103.8% in the 4th quarter. Millennium Management LLC now owns 30,004 shares of the company’s stock valued at $2,238,000 after buying an additional 15,285 shares in the last quarter. Man Group plc acquired a new stake in Bk Technologies during the 4th quarter valued at $293,000. Finally, Bridgeway Capital Management LLC increased its position in Bk Technologies by 109.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 11,814 shares of the company’s stock worth $881,000 after buying an additional 6,170 shares in the last quarter. 55.05% of the stock is currently owned by hedge funds and other institutional investors.

About Bk Technologies

BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.

BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.