Streetbeat News

BKTI

BK Technologies Corporation

https://www.bktechnologies.com

Industry

Communication Equipment

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc., engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR), repeaters, base stations, and related components and subsystems. Its BK Technologies, BKR, and BK Radio branded products include LMR equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services. The company was incorporated in 1997 and is headquartered in West Melbourne, Florida.

Open

27.75

Mkt cap

99M

Volume

12K

High

28.50

P/E Ratio

35.90

52-wk high

29.94

Low

27.62

Div yield

N/A

52-wk low

11.06

BK Technologies announced receiving a purchase order for BKR 9000 radios from Boulder County, Colorado, to service 26 fire agencies. This order highlights the demand for BK Technologies' products in emergency services.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:37 pm

BK Technologies has received a purchase order for BKR 9000 radios from the Arkansas Department of Agriculture Forestry Division. The size of the order has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 1:36 pm

BK Technologies reported Q3 earnings of $0.03 per share, a 104.29% increase YoY. The company also reported $20.07M in sales, a 68.41% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:16 pm

East West Manufacturing, LLC and BK Technologies, Inc. have signed a Master Supply Agreement effective from November 6, 2023. Under the agreement, East West Manufacturing will design, produce, manufacture, and sell certain products for BK Technologies. The agreement will be a 'cost-plus' agreement under which multiple specific transactions for the purchase and sale of products will be executed. The agreement also includes provisions for forecasts, procurement, and cooperation.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 1:26 pm

BK Technologies Corporation (NYSE:BKTI) has received a $315,000 purchase order from the U.S. Department of Defense for its BKR 9000 multiband radio. The order is part of the DoD's efforts to expand its existing fleet of radios. The BKR 9000 was selected after a competitive bid process due to its interoperability with existing P25 trunking infrastructure and its LTE-capable portable radio feature.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:12 pm

BK Technologies Corporation (NYSE:BKTI) has developed a new tethering feature for its InteropONE service, enabling push-to-talk-over-broadband capabilities for users of the company's BKR 5000 and BKR 9000 radios. The feature allows users to connect BKR radios with Apple or Android smartphones, and make or receive calls using a smartphone's cellular or WiFi connection. The company believes this will improve service for public safety responders in mission critical situations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:37 pm

BK Technologies Corporation (NYSE:BKTI) has shipped its BKR 9000 multiband radios to the Hawaii Department of Health, Emergency Medical Services & Injury Prevention System Branch. The purchase was made in response to the Maui wildfires and as part of the state's lifecycle replacement program. The radios will be used for inter-agency and intra-agency portable communications.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 12:34 pm

BK Technologies has received a purchase order from Sandoval County, New Mexico for its BKR 9000 product. This could potentially increase the company's revenues.

Portfolio Pulse from Bill Haddad

October 03, 2023 | 12:44 pm

BK Technologies Corporation (NYSE:BKTI) has received two purchase orders totaling $3.4 million from the National Interagency Incident Communications Division (NIICD). The orders are part of an ongoing annual lifecycle replacement program, with NIICD standardizing on the BKR 5000 radios. This is the third year NIICD has purchased the BKR 5000.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:39 pm

BK Technologies has received purchase orders totaling $2.1M from the Bureau of Land Management. The orders are primarily for the BKR 5000 radio, but also include a quantity of BKR 9000 multiband radios for testing and evaluation.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:34 pm

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