BKTI

Image source: The Motley Fool. Thursday, Aug. 13, 2026 at 9:00 a.m. ET Chief Executive Officer - John Suzuki Chief Financial Officer - Scott Malmanger Hayden Investor Relations - Corbin Woodhull Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good morning, ladies and gentlemen, and welcome to the BK Technologies Corporation Conference Call for the Second Quarter of 2026. This call is being recorded. [Operator Instructions] There is a slide presentation that accompanies today's remarks, which can be accessed via the webcast. At this time, it is my pleasure to turn the floor over to your host for today, Corbin Woodhull of Hayden Investor Relations. Corbin, please go ahead. Timothy Woodhull: Thank you, Paul. Good morning, and welcome to our conference call to discuss the BK Technologies results for the second quarter of 2026. On the call today are John Suzuki, the Chief Executive Officer; and Scott Malmanger, the Chief Financial Officer. Before we begin, I would like to take a moment to read the safe harbor statement. Statements made during this conference call are presented in this presentation that are not based on 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 are subject to known and unknown factors and risks. The company's actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements and some other factors and risks that could cause or contribute to such material differences have been described in this morning's press release and in BK's filings in the U.S. Securities and Exchange Commission. These statements are based on information and understandings that are believed to be accurate as of today, and we do not undertake any duty to update such forward-looking statements. With that, I will now turn the call over to John Suzuki, CEO of BK Technologies. John, please go ahead. John Suzuki: Thank you, Corbin. Good morning, everyone, and thank you for joining us on our second quarter of 2026 conference call. I'll start by reviewing our operational and financial performance and then turn it over to our Chief Financial Officer, Scott Malmanger, for a deeper dive into our financial results for the quarter. Following a discussion of the financial results, I will provide our fiscal year 2026 outlook and outline the strategic priorities for our road map. We will conclude by opening the call for a brief Q&A. Our second quarter results continue to reflect successful execution of our Vision 2030 strategy and demonstrate the strength of the business model we are building. Through the first half of the year, we delivered double-digit revenue growth, generated another record cash balance and are steadily marching towards our Vision 2030 objectives. Second quarter revenue grew 10.6% to $23.4 million, extending our trailing 12-month revenue growth to 15.7% and gross margin expanded 445 basis points to 51.9%. That performance was driven by strong demand from state and local public safety agencies for our BKR Series radios, particularly the BKR 9000 handheld multiband radio and growing adoption for our BK ONE solutions. In tandem with our top line trajectory, we continue to prioritize targeted investments behind new products and solutions. Leveraging the powerful combination of top line growth and favorable product mix, pretax income remained stable year-over-year at $4 million despite a $2.4 million year-over-year increase in operating expenses. Our net income for the quarter was $3.2 million or $0.79 per diluted share and compares with $3.7 million or $0.96 per diluted share in the second quarter of last year. The variation in our bottom line was driven almost entirely by a $560,000 year-over-year increase in our income tax provision and not by any softness in our underlying business. On a non-GAAP basis, adjusted EPS was $1.01 per diluted share. We closed the quarter with a record $29.9 million in cash and no debt, a significant increase from $22.8 million at the end of 2025 and up $1 million sequentially. This growth -- this growing cash position provides us with balance sheet strength to keep investing in products and solutions our customers demand. Our trailing 12-month after-tax free cash flow reached $19 million, up 49% year-over-year and continuing to outpace revenue growth, which underscores the operating leverage in our business model. Our growth continues to be driven by expanding BKR Series footprint across public safety agencies, and we continue to advance our position to address 2 structural market transitions that we believe define the industry in the years to come. The first is the shift from single band to multiband radios. With millions of public safety first responders operating across the U.S. today, the majority are communicating on private single-band LMR systems and cannot talk to neighboring or federal agencies directly without a multiband radio solution. That transition is still early, represents a multiyear tailwind for multiband BKR 9000 and now the BKR 9500 in-vehicle multiband radio. The second is the evolution from in-vehicle to on-person broadband. The vast majority of public safety vehicles are already connected via broadband. But the moment a first responder steps out of the vehicle, that connectivity has historically been lost. Our strategy to address this constraint is to tether the BKR Series radio to the smartphone. Our purpose-built solution closes that connectivity gap, and we believe represents a substantial growth runway to target within our Vision 2030 road map. Specifically to the 9500, our BKR 9500 multiband in-vehicle radio made its public debut in April to wide acclaim. Since the introduction, we have received purchase orders in excess of 200 radios from a variety of customers. This is especially exceptional since customers have placed these radio orders sight unseen. On the development side, we recently submitted the 9500 for FCC testing and expect to receive FCC approval in early 2027. In parallel, we will begin to transition from our lab to manufacturing and conduct both accelerated life and customer field testing. While I'm extremely pleased with achieving the FCC submission milestone, we still have a lot of work to do before we can ship customer radios. That being said, we remain highly confident that we will start customer deliveries in the first half of 2027. With BKR Play, our patent-pended tethering solution, we completed initial customer beta testing this quarter with positive feedback, particularly around the ease of switching between LMR and InteropONE cellular communication modes and the reliability of the Bluetooth link. We will continue beta testing through the balance of the year with a broader set of customers and are targeting its general release for January of 2027. We are also continuing to build out our software ecosystem. Our recently announced licensing agreement with Tango extends our patented InteropONE technology into one of the country's largest push-to-talk over cellular networks, expanding our reach to more than 1,500 public safety agencies and over 35,000 active users. This creates a pathway for recurring licensing fees over time while also promoting BKR Play and our BKR Series multiband platform to the Tango customer base. With that, I'll turn it over to Scott Malmanger, our CFO, to give a more detailed view of our second quarter financial performance. Go ahead, Scott. Scott Malmanger: Thank you, John. Sales for the second quarter totaled $23.4 million, an increase of 10.6% compared to $21.2 million in the second quarter of 2025. Growth in the quarter was attributable to broad-based gains across state and local agencies. Gross profit margin in the second quarter was 51.9% compared with 47.4% in the second quarter of 2025, reflecting favorable product mix and continued robust adoption of our higher-margin BKR 9000. Selling, general and administrative expenses for the second quarter increased to $8.3 million compared to $6 million in the same quarter last year. The increase in SG&A reflects higher engineering costs associated with new product and solution development to accelerate growth, which is in alignment with our Vision 2030 investment strategy. SG&A expense for the quarter also includes noncash stock-based compensation expense of approximately $512,000. Operating income was $3.8 million in the second quarter of 2026 with operating margin of 16.4%, expanding sequentially from 15.4%, although declining from 18.9% in the prior year second quarter on higher research and development investments. We delivered GAAP net income of $3.2 million or GAAP EPS of $0.79 per diluted share compared with net income of $3.7 million or $0.96 per diluted share in the prior year period. Income tax provisions increased by $560,000 versus the year ago quarter, which impacted diluted EPS by about $0.14 per share, while our pretax income remained stable at $4 million. The company's effective tax rate for the second quarter of 2026 was about 21%. As we look forward to 2026, our estimated tax rate of 26% compares with 16% for the full year of 2025, with the higher rate reflecting the normalization of our tax profile and profitability increases. The diluted EPS impact from a higher estimated effective tax rate is forecasted to be approximately $0.42 per share in 2026 compared with the fiscal year 2025 rate. Turning to Slide 6. Our profit trajectory dates back 12 quarters to the third quarter of 2024. For the second quarter of 2026, we reported non-GAAP adjusted EBITDA of $4.5 million with an adjusted EBITDA margin of 19.4%, which is somewhat lower than the 20.9% rate on $4.4 million of adjusted EBITDA for the second quarter of 2025. Non-GAAP adjusted earnings, which adds back noncash stock-based compensation expenses and noncash income tax provision, expense was $4.1 million or $1.01 per diluted share. This compares to adjusted earnings of $5.1 million or $1.30 per diluted share in the second quarter of 2025. Taken together, our profitability trend has been strong, and we anticipate this trajectory will remain on course as product mix shifts favorably, the BKR Series platform scales and BK ONE gains broader adoption. Turning to cash generation and capital efficiency. We continue to deliver strong results. In the second quarter of 2026, we generated after-tax free cash flow of $4.6 million. And on a trailing 12-month basis, after-tax free cash flow reached $19 million, outpacing revenue growth with a 49% year-over-year increase. After-tax free cash flow is a non-GAAP measure that we believe provides useful insight into the company's ability to generate cash after accounting for taxes. This performance underscores the consistency and resilience of our cash engine even as we continue to invest for growth. Consistent with prior quarters, we maintain a disciplined approach in the way we manage the business while still maintaining strong cash conversion. We also remain focused on capital efficiency, and that is reflected in our return on invested capital. After recovering meaningfully over the last several years, return on invested capital improved to more than 30% in 2024 and 2025 and maintained above 45% in the second quarter of 2026 on a trailing 12-month basis. Turning to the balance sheet. We ended the second quarter of 2026 with another record cash balance and debt-free balance sheet underscoring the strong cash-generating capability of the business. On June 30, 2026, we had $29.9 million in cash, a healthy improvement over $22.8 million as of the end of 2025 as well as no debt. The company, as a part of its capital allocation plan, established a Rule 10b5-1 nondiscretionary stock repurchase program in September of 2025. During the second quarter of 2026, the company completed no repurchases of its common stock as per the conditions of the nondiscretionary plan. Working capital improved to $46.1 million as of June 30, 2026, compared with $37.3 million at December 31, 2025. Shareholders' equity increased to $52 million compared with $44.7 million on December 31, 2025. All in, our strong and consistent cash generation provides us with substantial financial flexibility to invest in the business, capitalize on strategic opportunities and return capital to shareholders over time. I will now turn the call back over to John, who will provide our 2026 outlook and strategic priorities. John Suzuki: Thanks, Scott. We remain confident in our strategy, and our performance through the first half of 2026 provides evidence of the strength of our approach. Accordingly, we are reiterating our following full-year 2026 guidance: revenue of at least $90 million, full-year gross margin of 50% or greater, full-year GAAP EPS of $3.15 and full-year non-GAAP adjusted EPS of $3.55. These targets reflect our current expectations for continued revenue growth, further margin expansion and operating leverage. Overall, we remain disciplined in balancing strategic investment with profitability and cash generation. Our capital deployment continues to be focused on the best long-term use of cash. And in the near term, that means reinvesting in engineering, software and product development to support the road map we outlined at Investor Day. Every dollar of engineering and software investment we are making is aimed at strengthening our competitive positioning and creating shareholder value. Our commitment to serving first responders with mission-critical products and services is reflected in our continued investment in growth as we expect the BKR Series radio platform and advance innovative software solutions through our BK ONE platform. These investments are central to our strategy and position us to capture emerging opportunities across the public safety communications market. At this time, we will begin polling for questions. Operator: [Operator Instructions] And the first question today is coming from Luke Fingerson from Lake Street Capital Markets. Luke Fingerson: Luke Fingerson on for Jaeson Schmidt here. You mentioned traction with the BKR 9000. Are you able to elaborate on what you're seeing driving the traction with that product? John Suzuki: Thanks for the question, Luke. Yes. I think the key thing that's driving the traction is we are shipping more radios into the field and those radios are performing well. As customers deploy these radios, they're buying additional radios for their fleet. But not only that, they're introducing the BKR 9000 to other agencies in the surrounding area. And we can see that in our year-over-year growth in both our orders and sales of the BKR 9000. Luke Fingerson: Got you. And then any updates on customer feedback on the 9500? John Suzuki: The feedback continues to be very positive. We recently participated in an exhibit called APCO, the Association of Public Safety Communications Officials. They were -- the conference was well attended. We had our BKR 9500 on display. We actually had it taken apart so that customers could see the inside of the actual radio and the general comments that we received were highly positive and stated how they just couldn't believe how well this radio was built and put together. So overall, very good comments so far. Operator: The next question is coming from Robert Van Voorhis from Vanatoc Capital Management. Robert Voorhis: Good quarter. Just a quick question, John, for you. Can you just speak to the relevancy of backlog to this business? I mean I know a lot of the orders are sort of just in time, and we don't really tend to hold a lot of backlog. And I know it's been declining, but it appears that's really not that relevant anymore as a metric for moving -- for predicting revenue. Can you just talk about that a little bit? John Suzuki: Well, thanks for the question, Robert. And I think your comments are on point. One thing I will say is all the challenges of the supply chain that we saw in '22 and '23 and of course, moving to our contract manufacturing East West in '24, a lot of that has paid off, right? We have a very efficient supply chain now so that when orders come in, we can turn them around fairly quickly. So that obviously is good news for our customers and good news for cash generation. In terms of the size of the backlog, because we are basically a device company, as orders come in, as long as the supply chain is performing against our forecast and that the sales team is forecasting relatively accurately, we can maintain stock and ship these devices out. And therefore, the orders don't stay in our backlog very, very long. Now that being said, Robert, we do get very large orders from time to time. Typically from, for example, the U.S. forestry, we're expecting orders coming in as our third quarter or the end of their fiscal year. And those orders tend to be very large and typically are not -- will typically take a few months to a couple of quarters to deliver. And so you'll see spikes in our backlog when we start seeing some of these large orders. Operator: And there are no further questions at this time. John and Scott, would you like to make any closing remarks? John Suzuki: Thank you, Paul. I want to thank the team for their execution this quarter and thank our public safety customers for the trust they continue to place in us every day. We believe BK Technologies is well positioned with a strengthening balance sheet and expanding software and services opportunity and a product road map built directly around where the market is heading. We look forward to speaking with you again on our next quarterly earnings call. Thank you. Operator: Thank you. This does conclude today's conference. You may disconnect your lines at this time. Thank you for your participation. Before you buy stock in BK Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and BK Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $432,621!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,335,314!* Now, it’s worth noting Stock Advisor’s total average return is 976% — a market-crushing outperformance compared to 214% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of August 20, 2026. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has positions in and recommends BK Technologies. The Motley Fool has a disclosure policy. BK Technologies (BKTI) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

Shares of BK Technologies Corporation BKTI have lost 2.2% since the company reported its earnings for the quarter ended June 30, 2026, underperforming the S&P 500 Index’s 0.1% decline over the same period. Over the past month, BKTI shares have lost 3.6%, while the S&P 500 has advanced 3.5%. BK Technologies reported second-quarter 2026 revenues of $23.4 million, up 10.6% from $21.2 million a year earlier, reflecting strong order activity from state and local public safety agencies. GAAP earnings per share (EPS) declined 17.7% to $0.79 from $0.96, while net income fell 15.3% to $3.2 million from $3.7 million. Non-GAAP adjusted EPS was $1.01 compared with $1.30 a year earlier (down 22.3%), while adjusted earnings declined 19.8% to $4.1 million. BKTI has one reportable segment, Land Mobile Radio Products and Solutions, and therefore did not provide separate year-over-year segment revenue comparisons. Gross margin expanded 445 basis points to 51.9% from 47.4% a year earlier, supported by favorable product mix and continued adoption of the higher-margin BKR 9000 handheld multiband radio. Adjusted EBITDA increased 2.9% to $4.5 million from $4.4 million, although adjusted EBITDA margin contracted to 19.4% from 20.9%. BK Technologies generated $4.6 million of after-tax free cash flow during the quarter, while trailing-12-month after-tax free cash flow increased 49.3% to $19 million. BKTI ended June with a record $29.9 million of cash compared with $22.8 million at the end of 2025. The company ended the quarter with no debt. Working capital increased to $46.1 million from $37.3 million over the same period. BK TECHNOLOGIES, INC. price-consensus-eps-surprise-chart | BK TECHNOLOGIES, INC. Quote Management highlighted two structural opportunities — the transition of public safety agencies from single-band to multiband radios and the shift from in-vehicle connectivity toward on-person broadband solutions. The BKR9500 was submitted for FCC testing, with approval expected in early 2027 and customer deliveries targeted for the first half of that year. Management said that customers have already placed orders for more than 200 BKR9500 radios. BK Technologies also completed initial customer beta testing of its BKRplay tethering solution and is targeting a January 2027 general release. Its licensing agreement with Tango Tango expands InteropONE’s reach to more than 1,500 public safety agencies and over 35,000 active users, potentially creating recurring licensing revenues. Revenue growth was driven by broad-based gains among state and local agencies and continued demand for the BKR Series, particularly the BKR 9000. The favorable product mix helped lift gross profitability, but increased investment weighed on operating results. Selling, general and administrative (SG&A) expenses rose 37.7% to $8.3 million from $6 million, primarily reflecting higher engineering spending associated with development of the BKR9500 in-vehicle multiband radio and BK ONE software ecosystem. Operating income declined 4.2% to $3.8 million, while operating margin contracted 250 basis points to 16.4% from 18.9%. The decline in bottom-line earnings also reflected higher taxes rather than a deterioration in pretax profit. Pretax income was essentially unchanged at $4 million, while the income-tax provision increased $0.6 million year over year, reducing diluted EPS by about $0.14. Management said that the second-quarter effective tax rate was approximately 21% and expects a roughly 26% rate for full-year 2026 compared with 16% in 2025. BK Technologies reiterated its full-year 2026 targets, calling for revenues of at least $90 million, gross margin of 50% or higher, GAAP EPS of $3.15 and non-GAAP adjusted EPS of $3.55. Management said that the targets incorporate engineering costs for BKR9500 development being expensed as incurred rather than capitalized and reflect expectations for continued revenue growth, margin expansion and operating leverage. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BK TECHNOLOGIES, INC. (BKTI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was primarily driven by robust demand from state and local public safety agencies for the BKR Series, specifically the BKR 9000 handheld multiband radio. Management attributes the 445 basis point gross margin expansion to a favorable product mix and the continued adoption of higher-margin BKR 9000 units. The company is capitalizing on a structural market shift from single-band to multiband radios, as most first responders currently lack the ability to communicate across different agency systems. Strategic positioning focuses on closing the 'connectivity gap' by tethering BKR radios to smartphones, addressing the historical loss of broadband access when responders exit vehicles. Operating expenses increased by $2.4 million year-over-year, reflecting intentional investments in engineering and software development to support the Vision 2030 roadmap. The licensing agreement with Tango Tango is designed to create a recurring revenue stream while expanding the company's reach to over 1,500 public safety agencies. Management noted that bottom-line variations were almost entirely due to a $560,000 increase in the income tax provision rather than any underlying business softness. Full-year 2026 guidance is reiterated with revenue expectations of at least $90 million and gross margins of 50% or greater. The BKR 9500 in-vehicle radio is expected to receive FCC approval in early 2027, with customer deliveries targeted for the first half of 2027. General release for the BKR Play tethering solution is scheduled for January 2027 following positive initial customer beta testing. The effective tax rate is expected to normalize at approximately 26% for 2026, up from 16% in 2025, reflecting increased profitability. Management anticipates continued margin expansion and operating leverage as the BKR Series platform scales and the BK ONE software ecosystem gains broader adoption. The company reported a record cash balance of $29.9 million and remains debt-free, providing flexibility for R&D and potential capital returns. A higher estimated effective tax rate is forecasted to impact 2026 diluted EPS by approximately $0.42 per share compared to the 2025 rate. While the BKR 9500 has received over 200 'sight unseen' orders, management cautioned that significant work remains in the transition from lab to manufacturing before shipping. The Rule 10b5-1 stock repurchase program remains active, though no shares were repurchased during the second quarter of 2026. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management stated that traction is driven by successful field performance, leading existing customers to purchase additional units for their fleets. Word-of-mouth referrals between neighboring agencies are significantly contributing to year-over-year growth in orders and sales. Backlog has become less relevant as a metric because supply chain efficiencies and contract manufacturing allow for rapid turnaround of device orders. Management noted that while standard orders ship quickly, large periodic orders from agencies like the U.S. Forestry Service can still cause temporary spikes in backlog. Feedback from the APCO conference was highly positive, with customers specifically praising the build quality and internal engineering of the radio. The positive reception has already translated into purchase orders exceeding 200 units prior to FCC approval.

Interested in Bk Technologies, Inc.? Here are five stocks we like better. Second-quarter revenue increased 10.6% to $23.4 million, while gross margin expanded to 51.9% due to favorable product mix and stronger adoption of the higher-margin BKR 9000. Net income declined to $3.2 million primarily because of a higher tax provision and increased development spending. BK Technologies continued advancing its multiband and software strategy: the BKR 9500 has received orders for more than 200 radios, with deliveries expected in the first half of 2027, while BKRplay broader beta testing is planned through 2026. A Tango Tango licensing agreement expands potential reach to more than 1,500 public-safety agencies and 35,000 users. Full-year 2026 guidance was reaffirmed, including revenue of at least $90 million, gross margin of 50% or more, GAAP EPS of $3.15 and adjusted EPS of $3.55. The company generated $4.6 million in quarterly free cash flow and ended the period with $29.9 million in cash and no debt. Motorola Approaches Buy Point As Analysts Boost Price Targets Bk Technologies (NYSEAMERICAN:BKTI) reported higher second-quarter revenue and expanded gross margin as demand increased for its BKR series radios, particularly the BKR 9000 handheld multiband model, while the company continued investing in product and software development. Second-quarter revenue rose 10.6% to $23.4 million from $21.2 million in the prior-year period. Gross margin expanded 445 basis points to 51.9%, compared with 47.4% a year earlier, which Chief Financial Officer Scott Malmanger attributed to favorable product mix and continued adoption of the higher-margin BKR 9000. → Lumentum Just Delivered the AI Growth Investors Wanted “Growth in the quarter was attributable to broad-based gains across state and local agencies,” Malmanger said. GAAP net income was $3.2 million, or $0.79 per diluted share, compared with $3.7 million, or $0.96 per diluted share, in the second quarter of 2025. Pre-tax income remained stable year over year at $4 million, according to President and Chief Executive Officer John Suzuki. → Ryman Checks Into a $1.38B Hospitality Upgrade Suzuki said the reduction in net income primarily reflected a $560,000 year-over-year increase in the company’s income-tax provision, rather than weakness in its underlying operations. The company’s effective tax rate was approximately 21% during the quarter. Malmanger said BK Technologies estimates a 26% tax rate for full-year 2026, compared with 16% for 2025, reflecting normalization of its tax profile and higher profitability. Selling, general and administrative expenses increased to $8.3 million from $6 million a year earlier. The increase included higher engineering costs for new product and solution development, as well as approximately $512,000 in non-cash stock-based compensation expense. → Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Operating income totaled $3.8 million, producing a 16.4% operating margin. The margin increased sequentially from 15.4% but declined from 18.9% in the prior-year quarter as the company raised research and development investments. On a non-GAAP basis, adjusted EBITDA was $4.5 million, or 19.4% of revenue, compared with $4.4 million, or 20.9% of revenue, a year earlier. Adjusted earnings were $4.1 million, or $1.01 per diluted share, versus $5.1 million, or $1.30 per diluted share, in the prior-year period. The company generated $4.6 million in after-tax free cash flow during the quarter. Trailing 12-month after-tax free cash flow reached $19 million, up 49% year over year. BK Technologies ended June 30 with $29.9 million in cash and no debt, compared with $22.8 million in cash at the end of 2025. Working capital increased to $46.1 million from $37.3 million, while shareholders’ equity rose to $52 million from $44.7 million. The company made no share repurchases in the second quarter under its Rule 10b5-1 non-discretionary repurchase program. Suzuki said the company’s strategy centers on the transition from single-band to multiband public-safety radios and on expanding connectivity beyond vehicles through broadband-enabled, on-person solutions. The company introduced its BKR 9500 multiband in-vehicle radio publicly in April and has since received purchase orders for more than 200 radios from a range of customers. Suzuki said the orders were placed before customers had seen the radios in person. The 9500 was submitted for Federal Communications Commission testing, with approval expected in early 2027. BK Technologies expects to begin customer deliveries in the first half of 2027, following manufacturing transition work, accelerated-life testing and customer field testing. During the question-and-answer session, Suzuki said feedback on the 9500 has remained positive. At the APCO public-safety communications conference, customers who viewed the product’s internal construction commented favorably on how it was built, he said. The company also completed initial customer beta testing for BKRplay, its patent-pending solution designed to tether BKR series radios to smartphones. Suzuki said customer feedback was positive regarding switching between land mobile radio and InteropONE cellular communications modes, as well as Bluetooth reliability. Broader beta testing is planned through the remainder of 2026, with general availability targeted for January 2027. Separately, BK Technologies announced a licensing agreement with Tango Tango that extends its InteropONE technology to Tango Tango’s push-to-talk-over-cellular network. Suzuki said the agreement expands the company’s reach to more than 1,500 public-safety agencies and over 35,000 active users, while creating a potential source of recurring licensing fees over time. BK Technologies reiterated its full-year 2026 guidance, including: Revenue of at least $90 million; Gross margin of 50% or greater; GAAP earnings per share of $3.15; and Non-GAAP adjusted earnings per share of $3.55. Suzuki said the company intends to continue directing capital toward engineering, software and product development to support its Vision 2030 roadmap, while balancing those investments with profitability and cash generation. Addressing backlog, Suzuki said it has become less predictive of near-term revenue because the company’s supply chain can fulfill many device orders quickly. Larger orders, including potential orders from the U.S. Forest Service near the end of that agency’s fiscal year, can remain in backlog for several months or quarters and may create periodic increases in the metric. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Bk Technologies Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Delivers Double-Digit Revenue Growth, Gross Margin Above 50%, and Another Record Cash Balance This press release replaces the previous press release. WEST MELBOURNE, FL / ACCESS Newswire / August 13, 2026 / Second Quarter 2026 Results Summary: Revenue: 2Q26 revenue increased by 11% to $23.4 million. Gross margins: 2Q26 Gross margin reaches 51.9%, expanding by 445 basis points. Net income: 2Q26 Pre-tax income stable at $4.0 million; Net income of $3.2 million versus $3.7 million in 2Q25 impacted by $0.6 million year-on-year increase in income tax provision. Trailing-twelve-month (TTM) Net income increases 14% to $13.6 million. Free Cash Flow: TTM Free Cash Flow After-tax(1) reaches $19.0 million, a 49% year-over-year increase. Balance sheet: Cash position grows to $29.9 million on June 30, 2026, a $1 million sequential increase and compares to $22.8 million on December 31, 2025. Working Capital: $46.1 million on June 30, 2026, an increase of $8.8 million versus December 31, 2025. Capital Allocation: Investment in BKR9500 in-vehicle multiband radio and software solutions continues as per Vision 2030. Outlook: Reiterating full year 2026 targets: $90 million in revenue, gross margin of +50%, GAAP EPS of over $3.15 per diluted share, and non-GAAP adjusted EPS(1) of $3.55 per diluted share. These targets reflect expensing of engineering costs that were previously capitalized. BK Technologies Corporation (NYSE American:BKTI) (the "Company," "BK Technologies"), a provider of advanced public safety communications solutions, today announced financial and operating results for the second quarter of fiscal year 2026 ended June 30, 2026. The Company will host a conference call today, August 13, 2026, at 9 a.m. Eastern Time. (1) Represents a non-GAAP financial measure. Refer to the section entitled "Use of Non-GAAP Measures" and Reconciliation to GAAP later in this press release. John Suzuki, CEO of BK Technologies, commented, "Our second quarter demonstrates the strength of the business model we're building. We delivered double-digit revenue growth, expanded gross margins to nearly 52%, generated another record cash balance while remaining debt free, and continued executing against our Vision 2030 roadmap. These results reflect continued successful execution of our Vision 2030 strategy. Revenue grew 11% to $23.4 million driven by strong demand from state and local public safety agencies and continued adoption of our BKR 9000 handheld multiband radio. We closed the quarter with a record $29.9 million in cash and no debt, giving us balance sheet strength to continue investing in the products our customers demand most. Our commitment to serving first responders with mission-critical products and services is underscored by our diligent investments in growth as we continue the buildout of the BKR Series radios and innovative software solutions under our BK ONE platform. With the acclaimed public debut of our BKR9500 in-vehicle multiband radio in April 2026, we are gaining early traction with existing customers placing initial orders ahead of FCC approval, and we remain on track for customer deliveries in the first half of 2027. "We believe the best use of our capital is investing in new, innovative products and solutions, and have positioned the company to address the top priorities shaping the public safety communications market. The market continues to advance with the transition from single-band to multiband radios, while the shift from in-vehicle to on-person broadband solutions remains in its early stages, presenting a meaningful long-term growth opportunity. Our roadmap is directly tied to both market transitions and remains focused on bringing products and solutions to market that enhance the safety of first responders. With successful initial field testing of our patent pending tethering solution, BKRplay, customer feedback is validating our strategy and reinforcing our view that a tethering solution enhances the first responders experience when operating InteropONE, a Push-To-Talk Over Cellular (PTToC) service. "This performance through the first half of 2026 keeps us firmly on track to deliver on our full-year guidance. We are proud of our team's execution this quarter and remain grateful for the trust our public safety customers place in us every day." Second Quarter 2026 Financial Review Revenue of $23.4 million increased 10.6% compared to $21.2 million in the second quarter of 2025, driven by strong order activity from state and local agencies. Gross margin of 51.9% expanded by 445 basis points compared to 47.4% in the second quarter of 2025, primarily related to favorable product mix and continued customer adoption of the BKR 9000 handheld multiband radio. Selling, General & Administrative expenses totaled $8.3 million, compared with $6.0 million for the second quarter of 2025. The increase in Selling, General and Administrative expenses for the quarter was primarily driven by planned engineering investments to accelerate development of our next-generation BKR9500 in-vehicle multiband radio platform and BK ONE software ecosystem. Operating income was $3.8 million compared with $4.0 million in the second quarter of 2025. Operating margin declined to 16.4% from 18.9% in the year ago quarter, impacted primarily by higher engineering and non-cash deferred compensation expenses. BK Technologies recorded net income of $3.2 million, or $0.84 per basic and $0.79 per diluted share, compared with $3.7 million, or $1.03 per basic and $0.96 per diluted share, for the second quarter of 2025. The variation in net income was impacted by a $0.6 million year-on-year increase in income tax provisions, or ($0.15) per basic and ($0.14) per diluted share. The Company reported non-GAAP adjusted earnings1 of $4.1 million, or $1.08 per basic and $1.01 per diluted share, compared to $5.1 million, or $1.39 per basic and $1.30 per diluted share, for the second quarter of 2025. Non-GAAP adjusted EBITDA(1) for the second quarter of 2026 was $4.5 million, compared with $4.4 million in the second quarter of 2025. Non-GAAP adjusted EBITDA(1) margin of 19.4% compares to 20.9% in the second quarter of 2025. Working capital totaled $46.1 million on June 30, 2026, of which $42.1 million was comprised of cash, cash equivalents and trade receivables. This compares with working capital on December 31, 2025 of $37.3 million, of which $30.0 million was comprised of cash, cash equivalents and trade receivables. The Company ended the quarter with no debt. Six Months 2026 Financial Review Revenue of $44.7 million increased 11.2% compared to revenue of $40.2 million in the six months ended June 30, 2025. Gross margin of 51.8% improved as compared to gross margin of 47.2% in the same period last year. Selling, General & Administrative expenses totaled $16.1 million, compared with $12.1 million for the prior year period. Operating income totaled $7.1 million compared with operating income of $6.9 million in the six months ended June 30, 2025. BK Technologies recorded net income of $5.9 million or $1.57 per basic and $1.47 per diluted share, compared with net income of $5.9 million or $1.63 per basic and $1.51 per diluted share, for the six months ended June 30, 2025. The Company reported non-GAAP adjusted earnings(1) of $7.6 million, or $2.01 per basic and $1.88 per diluted share, compared to $7.5 million, or $2.07 per basic and $1.91 per diluted share, for six months ended June 30, 2025. Non-GAAP adjusted EBITDA(1) was $8.5 million, compared with $7.6 million in the first six months of 2025. Non-GAAP adjusted EBITDA(1) margin of 19.1% compares to 19.0% in the same period a year ago. Conference Call and Webcast BK Technologies will host a conference call and webcast for investors today, August 13, 2026, at 9 a.m. Eastern Time. Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 207608. The call and the accompanying slide deck will also be webcast at: https://www.webcaster5.com/Webcast/Page/2208/54270 The conference call and slide deck may also be accessed via the Events page of the Company's website at www.bktechnologies.com. Please allow extra time prior to the call to visit the site. An online archive of the webcast will be available on the Company's website for thirty (30) days following the call at www.bktechnologies.com. A replay of the conference call will be available one hour after completion of the call until Thursday, August 27, 2026, by dialing (877) 481-4010 and international participants should dial (919) 882-2331. All callers must use access code 54270 to access the replay. Use of Non-GAAP MeasuresBK Technologies prepares its consolidated financial statements in accordance with United States generally accepted accounting principles ("GAAP"). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses non-GAAP financial measures. Management believes the non-GAAP financial measures discussed in this release are important to the reader of the Consolidated Financial Statements. The Company has provided the non-GAAP financial information presented in the press release, which is not calculated or presented in accordance with GAAP, as information supplemental and in addition to the financial measures presented in the press release that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with the GAAP financial measures presented in the press release. The non-GAAP financial measures in the press release may differ from similar measures used by other companies. Adjusted Earnings Before Interest Taxes Depreciation and Amortization (Adjusted EBITDA). Adjusted EBITDA and Adjusted EBITDA margin are considered non-GAAP financial measures under the SEC's rules because they exclude certain amounts included in net income provided in the statement of operations attributable to the Company calculated in accordance with GAAP, the most directly comparable financial measure calculated in accordance with GAAP. Management believes Adjusted EBITDA and Adjusted EBITDA margin can help the investors better understand operational factors associated with the Company's financial performance because it excludes the following from consideration: interest, taxes, depreciation and amortization, and infrequent or unusual losses or gains (i.e., non-recurring and incremental restructuring charges that are not expected to be routinely incurred year over year because of the Company's strategy and operating experience). Adjusted EBITDA margin is defined as Adjusted EBITDA divided by total revenue. See Reconciliation to GAAP below for calculation methodology and details regarding Adjusted EBITDA and Adjusted EBITDA Margin. Adjusted earnings per share (Adjusted EPS). Adjusted EPS is considered a non-GAAP financial measure under the SEC's rules because it excludes certain amounts included in the basic and diluted earnings per share attributable to the Company calculated in accordance with GAAP EPS, the most directly comparable financial measure calculated in accordance with GAAP. Adjusted EPS is a non-GAAP financial measure that adjusts GAAP EPS for expense items that are typically strategic in nature or that management otherwise does not view as reflecting the operating performance of the Company. Management believes Adjusted EPS can help the reader better understand the operating performance of the core businesses and their ability to generate earnings. The Company has non-cash charges for stock-based compensation that do not reflect the operating performance of the LMR and Solutions businesses. The Company also recorded a one-time, non-cash income tax provision expense for NOL carryforwards during the second, third and fourth quarters of 2025. Management believes that these one-time charges do not reflect the operational profitability of the business for the second, third and fourth quarters of 2025 compared to prior periods. See Reconciliation to GAAP below for calculation methodology and details regarding Adjusted EPS. Free cash flow after tax (FCFAT). Free Cash flow After-tax is considered a non-GAAP financial measure under the SEC's rules. FCFAT is used in addition to and in conjunction with results presented in accordance with GAAP, and FCFAT should not be relied upon to the exclusion of GAAP financial measures. Management strongly encourages investors to review our financial statements and publicly-filed reports in their entirety and to not rely on any single financial measure. FCFAT, which we reconcile to "net income," adjusted for interest income or expense, depreciation and amortization and income taxes, as further adjusted for non-cash stock-based compensation expense and non-cash deferred income tax provision or expense, is a measure of cash flow from operations. Management also views FCFAT, as a measure of the Company's ability to reduce debt, add to cash balances, pay dividends, and repurchase stock. FCFAT has limitations due to the fact that it does not represent the residual cash flow available for discretionary expenditures. For example, FCFAT does not incorporate payments made on finance lease obligations or required debt service payments. In addition, different companies define FCFAT differently. Therefore, we believe it is important to view FCFAT as a complement to our entire consolidated statements of consolidated operations and cash flows. FCFAT conversion is useful to investors for the foregoing reasons and as a measure of the rate at which the Company converts its net income reported in accordance with GAAP to cash inflows, which helps investors assess whether the Company is generating sufficient cash flow to provide an adequate return. We do not provide reconciliations of forward-looking non-GAAP guidance due to the inherent difficulty in quantifying certain items necessary to provide such reconciliations as a result of their unknown effect, timing and potential significance. About BK Technologies BK Technologies Corporation (NYSE American:BKTI) manufactures high-specification communications equipment of unsurpassed reliability and value for public safety and government agencies. BK's BKR 9000 handheld multiband radio and next generation BKR9500 in-vehicle multiband radio combines advanced features with rugged durability and interoperability to meet the critical demands of first responders. BK's Solutions business unit, which includes the BK ONE family of offerings, combines land mobile radio (LMR) and LTE/5G to create seamless connectivity among first responders for planned and emergency events. BK Technologies is headquartered in West Melbourne, Florida. For more information, visit www.bktechnologies.com. Forward-Looking Statements This press release contains statements about future events and expectations which are "forward-looking statements" within the meaning of Sections 27A of the Securities Act of 1933, as amended, and 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements concern the Company's operations, economic performance, and financial condition, including, but not limited to the Company's long-term strategic plan and guidance, and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors, many of which are outside of our control, that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our Solutions and Radio business lines and the products offered thereunder; successful introduction of new products and technologies, including our ability to successfully develop and sell our current and anticipated Solutions products, and our new multiband radio product and other related products in the BKR Series product line; competition in the land mobile radio industry; general economic and business conditions, including the impacts of inflation, fluctuating interest rates, tariffs and other trade barriers and restrictions, potential tariff refunds, labor and supply shortages and disruptions, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical conflicts and other events, acts of war or terrorism, global health crises and other catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments, including a potential U.S. or global downturn or recession; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including the effects of changes in the U.S. Government and foreign governments' trade and tariff policies, such as fluctuating tariffs imposed by the U.S. and the imposition of increased tariffs and other trade barriers and retaliatory measures by foreign governments; our inventory and debt levels; our ability to comply with the terms, including financial covenants, of our outstanding debt, including fluctuating interest rates; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems or third-party information technology systems upon which we rely; widespread outages, interruptions, or other failures of operational, communication, or other systems; availability of adequate insurance coverage; environmental, social and governance matters; maintenance of our NYSE American listing; risks related to being a holding company; our ability to maintain effective internal control over financial reporting; and the effect on our stock price and ability to raise capital through future sales of shares of our common stock or otherwise. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement except as required by law. This press release and related communications contain specifically identified non-GAAP financial measures, which supplement the results that are reported according to generally accepted accounting principles ("GAAP"). These non-GAAP financial measures may be useful to investors but should not be viewed in isolation from, or as a substitute for, GAAP results. Differences between non-GAAP financial measures and comparable GAAP financial measures are reconciled in the release. We do not provide reconciliations of forward-looking non-GAAP guidance due to the inherent difficulty in quantifying certain items necessary to provide such reconciliations as a result of their unknown effect, timing and potential significance. Company Contact:Hayden IRBrett [email protected](646) 536-7331 BK TECHNOLOGIES CORPORATIONCondensed Consolidated Statements of Operations(In Thousands, Except Per Share Data)(Unaudited) BK TECHNOLOGIES CORPORATIONCondensed Consolidated Balance Sheets(In thousands, except share data)(Unaudited) BK TECHNOLOGIES CORPORATIONReconciliation of Net Income to Non-GAAP EBITDA, Net Income EPS and Free Cash Flow After-Tax SOURCE: BK Technologies Corporation View the original press release on ACCESS Newswire

Delivers Double-Digit Revenue Growth, Gross Margin Above 50%, and Another Record Cash Balance WEST MELBOURNE, FL / ACCESS Newswire / August 13, 2026 / Second Quarter 2026 Results Summary: Revenue: 2Q26 revenue increased by 11% to $23.4 million. Gross margins: 2Q26 Gross margin reaches 51.9%, expanding by 445 basis points. Net income: 2Q26 Pre-tax income stable at $4.0 million; Net income of $3.2 million versus $3.7 million in 2Q25 impacted by $0.6 million year-on-year increase in income tax provision. Trailing-twelve-month (TTM) Net income increases 14% to $13.6 million. Free Cash Flow: TTM Free Cash Flow After-tax(1) reaches $19.0 million, a 49% year-over-year increase. Balance sheet: Cash position grows to $29.9 million on June 30, 2026, a $1 million sequential increase and compares to $22.8 million on December 31, 2025. Working Capital: $46.1 million on June 30, 2026, an increase of $8.8 million versus December 31, 2025. Capital Allocation: Investment in BKR9500 in-vehicle multiband radio and software solutions continues as per Vision 2030. Outlook: Reiterating full year 2026 targets: $90 million in revenue, gross margin of +50%, GAAP EPS of over $3.15 per diluted share, and non-GAAP adjusted EPS(1) of $3.55 per diluted share. These targets reflect expensing of engineering costs that were previously capitalized. BK Technologies Corporation (NYSE American:BKTI) (the "Company," "BK Technologies"), a provider of advanced public safety communications solutions, today announced financial and operating results for the second quarter of fiscal year 2026 ended June 30, 2026. The Company will host a conference call today, August 13, 2026, at 9 a.m. Eastern Time. (1) Represents a non-GAAP financial measure. Refer to the section entitled "Use of Non-GAAP Measures" and Reconciliation to GAAP later in this press release. John Suzuki, CEO of BK Technologies, commented, "Our second quarter demonstrates the strength of the business model we're building. We delivered double-digit revenue growth, expanded gross margins to nearly 52%, generated another record cash balance while remaining debt free, and continued executing against our Vision 2030 roadmap. These results reflect continued successful execution of our Vision 2030 strategy. Revenue grew 11% to $23.4 million driven by strong demand from state and local public safety agencies and continued adoption of our BKR 9000 handheld multiband radio. We closed the quarter with a record $29.9 million in cash and no debt, giving us balance sheet strength to continue investing in the products our customers demand most. Our commitment to serving first responders with mission-critical products and services is underscored by our diligent investments in growth as we continue the buildout of the BKR Series radios and innovative software solutions under our BK ONE platform. With the acclaimed public debut of our BKR9500 in-vehicle multiband radio in April 2026, we are gaining early traction with existing customers placing initial orders ahead of FCC approval, and we remain on track for customer deliveries in the first half of 2027. "We believe the best use of our capital is investing in new, innovative products and solutions, and have positioned the company to address the top priorities shaping the public safety communications market. The market continues to advance with the transition from single-band to multiband radios, while the shift from in-vehicle to on-person broadband solutions remains in its early stages, presenting a meaningful long-term growth opportunity. Our roadmap is directly tied to both market transitions and remains focused on bringing products and solutions to market that enhance the safety of first responders. With successful initial field testing of our patent pending tethering solution, BKRplay, customer feedback is validating our strategy and reinforcing our view that a tethering solution enhances the first responders experience when operating InteropONE, a Push-To-Talk Over Cellular (PTToC) service. "This performance through the first half of 2026 keeps us firmly on track to deliver on our full-year guidance. We are proud of our team's execution this quarter and remain grateful for the trust our public safety customers place in us every day." Second Quarter 2026 Financial Review Revenue of $23.4 million increased 10.6% compared to $21.2 million in the second quarter of 2025, driven by strong order activity from state and local agencies. Gross margin of 51.9% expanded by 445 basis points compared to 47.4% in the second quarter of 2025, primarily related to favorable product mix and continued customer adoption of the BKR 9000 handheld multiband radio. Selling, General & Administrative expenses totaled $8.3 million, compared with $6.0 million for the second quarter of 2025. The increase in Selling, General and Administrative expenses for the quarter was primarily driven by planned engineering investments to accelerate development of our next-generation BKR9500 in-vehicle multiband radio platform and BK ONE software ecosystem. Operating income was $3.8 million compared with $4.0 million in the second quarter of 2025. Operating margin declined to 16.4% from 18.9% in the year ago quarter, impacted primarily by higher engineering and non-cash deferred compensation expenses. BK Technologies recorded net income of $3.2 million, or $0.84 per basic and $0.79 per diluted share, compared with $3.7 million, or $1.03 per basic and $0.96 per diluted share, for the second quarter of 2025. The variation in net income was impacted by a $0.6 million year-on-year increase in income tax provisions, or ($0.15) per basic and ($0.14) per diluted share. The Company reported non-GAAP adjusted earnings1 of $4.1 million, or $1.08 per basic and $1.01 per diluted share, compared to $5.1 million, or $1.39 per basic and $1.30 per diluted share, for the second quarter of 2025. Non-GAAP adjusted EBITDA(1) for the second quarter of 2026 was $4.5 million, compared with $4.4 million in the second quarter of 2025. Non-GAAP adjusted EBITDA(1) margin of 19.4% compares to 20.9% in the second quarter of 2025. Working capital totaled $46.1 million on June 30, 2026, of which $42.1 million was comprised of cash, cash equivalents and trade receivables. This compares with working capital on December 31, 2025 of $37.3 million, of which $30.0 million was comprised of cash, cash equivalents and trade receivables. The Company ended the quarter with no debt. Six Months 2026 Financial Review Revenue of $44.7 million increased 11.2% compared to revenue of $40.2 million in the six months ended June 30, 2025. Gross margin of 51.8% improved as compared to gross margin of 47.2% in the same period last year. Selling, General & Administrative expenses totaled $16.1 million, compared with $12.1 million for the prior year period. Operating income totaled $7.1 million compared with operating income of $6.9 million in the six months ended June 30, 2025. BK Technologies recorded net income of $5.9 million or $1.57 per basic and $1.47 per diluted share, compared with net income of $5.9 million or $1.63 per basic and $1.51 per diluted share, for the six months ended June 30, 2025. The Company reported non-GAAP adjusted earnings(1) of $7.6 million, or $2.01 per basic and $1.88 per diluted share, compared to $7.5 million, or $2.07 per basic and $1.91 per diluted share, for six months ended June 30, 2025. Non-GAAP adjusted EBITDA(1) was $8.5 million, compared with $7.6 million in the first six months of 2025. Non-GAAP adjusted EBITDA(1) margin of 19.1% compares to 19.0% in the same period a year ago. Conference Call and Webcast BK Technologies will host a conference call and webcast for investors today, August 13, 2026, at 9 a.m. Eastern Time. Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 207608. The call and the accompanying slide deck will also be webcast at: https://www.webcaster5.com/Webcast/Page/2208/54270 The conference call and slide deck may also be accessed via the Events page of the Company's website at www.bktechnologies.com. Please allow extra time prior to the call to visit the site. An online archive of the webcast will be available on the Company's website for thirty (30) days following the call at www.bktechnologies.com. A replay of the conference call will be available one hour after completion of the call until Thursday, August 27, 2026, by dialing (877) 481-4010 and international participants should dial (919) 882-2331. All callers must use access code 54270 to access the replay. Use of Non-GAAP MeasuresBK Technologies prepares its consolidated financial statements in accordance with United States generally accepted accounting principles ("GAAP"). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses non-GAAP financial measures. Management believes the non-GAAP financial measures discussed in this release are important to the reader of the Consolidated Financial Statements. The Company has provided the non-GAAP financial information presented in the press release, which is not calculated or presented in accordance with GAAP, as information supplemental and in addition to the financial measures presented in the press release that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with the GAAP financial measures presented in the press release. The non-GAAP financial measures in the press release may differ from similar measures used by other companies. Adjusted Earnings Before Interest Taxes Depreciation and Amortization (Adjusted EBITDA). Adjusted EBITDA and Adjusted EBITDA margin are considered non-GAAP financial measures under the SEC's rules because they exclude certain amounts included in net income provided in the statement of operations attributable to the Company calculated in accordance with GAAP, the most directly comparable financial measure calculated in accordance with GAAP. Management believes Adjusted EBITDA and Adjusted EBITDA margin can help the investors better understand operational factors associated with the Company's financial performance because it excludes the following from consideration: interest, taxes, depreciation and amortization, and infrequent or unusual losses or gains (i.e., non-recurring and incremental restructuring charges that are not expected to be routinely incurred year over year because of the Company's strategy and operating experience). Adjusted EBITDA margin is defined as Adjusted EBITDA divided by total revenue. See Reconciliation to GAAP below for calculation methodology and details regarding Adjusted EBITDA and Adjusted EBITDA Margin. Adjusted earnings per share (Adjusted EPS). Adjusted EPS is considered a non-GAAP financial measure under the SEC's rules because it excludes certain amounts included in the basic and diluted earnings per share attributable to the Company calculated in accordance with GAAP EPS, the most directly comparable financial measure calculated in accordance with GAAP. Adjusted EPS is a non-GAAP financial measure that adjusts GAAP EPS for expense items that are typically strategic in nature or that management otherwise does not view as reflecting the operating performance of the Company. Management believes Adjusted EPS can help the reader better understand the operating performance of the core businesses and their ability to generate earnings. The Company has non-cash charges for stock-based compensation that do not reflect the operating performance of the LMR and Solutions businesses. The Company also recorded a one-time, non-cash income tax provision expense for NOL carryforwards during the second, third and fourth quarters of 2025. Management believes that these one-time charges do not reflect the operational profitability of the business for the second, third and fourth quarters of 2025 compared to prior periods. See Reconciliation to GAAP below for calculation methodology and details regarding Adjusted EPS. Free cash flow after tax (FCFAT). Free Cash flow After-tax is considered a non-GAAP financial measure under the SEC's rules. FCFAT is used in addition to and in conjunction with results presented in accordance with GAAP, and FCFAT should not be relied upon to the exclusion of GAAP financial measures. Management strongly encourages investors to review our financial statements and publicly-filed reports in their entirety and to not rely on any single financial measure. FCFAT, which we reconcile to "net income," adjusted for interest income or expense, depreciation and amortization and income taxes, as further adjusted for non-cash stock-based compensation expense and non-cash deferred income tax provision or expense, is a measure of cash flow from operations. Management also views FCFAT, as a measure of the Company's ability to reduce debt, add to cash balances, pay dividends, and repurchase stock. FCFAT has limitations due to the fact that it does not represent the residual cash flow available for discretionary expenditures. For example, FCFAT does not incorporate payments made on finance lease obligations or required debt service payments. In addition, different companies define FCFAT differently. Therefore, we believe it is important to view FCFAT as a complement to our entire consolidated statements of consolidated operations and cash flows. FCFAT conversion is useful to investors for the foregoing reasons and as a measure of the rate at which the Company converts its net income reported in accordance with GAAP to cash inflows, which helps investors assess whether the Company is generating sufficient cash flow to provide an adequate return. We do not provide reconciliations of forward-looking non-GAAP guidance due to the inherent difficulty in quantifying certain items necessary to provide such reconciliations as a result of their unknown effect, timing and potential significance. About BK Technologies BK Technologies Corporation (NYSE American:BKTI) manufactures high-specification communications equipment of unsurpassed reliability and value for public safety and government agencies. BK's BKR 9000 handheld multiband radio and next generation BKR9500 in-vehicle multiband radio combines advanced features with rugged durability and interoperability to meet the critical demands of first responders. BK's Solutions business unit, which includes the BK ONE family of offerings, combines land mobile radio (LMR) and LTE/5G to create seamless connectivity among first responders for planned and emergency events. BK Technologies is headquartered in West Melbourne, Florida. For more information, visit www.bktechnologies.com. Forward-Looking Statements This press release contains statements about future events and expectations which are "forward-looking statements" within the meaning of Sections 27A of the Securities Act of 1933, as amended, and 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements concern the Company's operations, economic performance, and financial condition, including, but not limited to the Company's long-term strategic plan and guidance, and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors, many of which are outside of our control, that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our Solutions and Radio business lines and the products offered thereunder; successful introduction of new products and technologies, including our ability to successfully develop and sell our current and anticipated Solutions products, and our new multiband radio product and other related products in the BKR Series product line; competition in the land mobile radio industry; general economic and business conditions, including the impacts of inflation, fluctuating interest rates, tariffs and other trade barriers and restrictions, potential tariff refunds, labor and supply shortages and disruptions, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical conflicts and other events, acts of war or terrorism, global health crises and other catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments, including a potential U.S. or global downturn or recession; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including the effects of changes in the U.S. Government and foreign governments' trade and tariff policies, such as fluctuating tariffs imposed by the U.S. and the imposition of increased tariffs and other trade barriers and retaliatory measures by foreign governments; our inventory and debt levels; our ability to comply with the terms, including financial covenants, of our outstanding debt, including fluctuating interest rates; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems or third-party information technology systems upon which we rely; widespread outages, interruptions, or other failures of operational, communication, or other systems; availability of adequate insurance coverage; environmental, social and governance matters; maintenance of our NYSE American listing; risks related to being a holding company; our ability to maintain effective internal control over financial reporting; and the effect on our stock price and ability to raise capital through future sales of shares of our common stock or otherwise. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement except as required by law. This press release and related communications contain specifically identified non-GAAP financial measures, which supplement the results that are reported according to generally accepted accounting principles ("GAAP"). These non-GAAP financial measures may be useful to investors but should not be viewed in isolation from, or as a substitute for, GAAP results. Differences between non-GAAP financial measures and comparable GAAP financial measures are reconciled in the release. We do not provide reconciliations of forward-looking non-GAAP guidance due to the inherent difficulty in quantifying certain items necessary to provide such reconciliations as a result of their unknown effect, timing and potential significance. Company Contact:Hayden IRBrett [email protected](646) 536-7331 BK TECHNOLOGIES CORPORATIONCondensed Consolidated Statements of Operations(In Thousands, Except Per Share Data)(Unaudited) BK TECHNOLOGIES CORPORATIONCondensed Consolidated Balance Sheets(In thousands, except share data)(Unaudited) BK TECHNOLOGIES CORPORATIONReconciliation of Net Income to Non-GAAP EBITDA, Net Income EPS and Free Cash Flow After-Tax SOURCE: BK Technologies Corporation View the original press release on ACCESS Newswire

This article first appeared on GuruFocus. Revenue: $23.4 million, up 10.6% year-over-year. Gross Margin: Expanded 445 basis points to 51.9%. Net Income: $3.2 million, or $0.79 per diluted share. Adjusted EPS: $1.01 per diluted share on a non-GAAP basis. Pre-Tax Income: Stable at $4 million year-over-year. Operating Income: $3.8 million, with an operating margin of 16.4%. SG&A Expenses: Increased to $8.3 million, reflecting higher engineering costs and non-cash stock-based compensation of approximately $512,000. Cash Position: Record $29.9 million in cash with no debt. After-Tax Free Cash Flow: $4.6 million for the quarter; $19 million on a trailing 12-month basis, up 49% year-over-year. Adjusted EBITDA: $4.5 million, with a margin of 19.4%. Return on Invested Capital: Maintained above 45% on a trailing 12-month basis. Working Capital: Improved to $46.1 million. Shareholders' Equity: Increased to $52 million. BKR9500 Orders: Received purchase orders for over 200 radios since its debut. Warning! GuruFocus has detected 7 Warning Signs with MTTRF. Is BKTI fairly valued? Test your thesis with our free DCF calculator. Release Date: August 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Revenue grew 10.6% year-over-year to $23.4 million in Q2 2026, with trailing 12-month growth of 15.7%. Gross margin expanded 445 basis points to 51.9%, driven by favorable product mix and strong BKR9000 adoption. Record cash balance of $29.9 million with no debt, and trailing 12-month after-tax free cash flow up 49% year-over-year. BKR9500 in-vehicle radio received over 200 purchase orders sight unseen, with FCC submission completed and customer deliveries expected in H1 2027. BKR Play tethering solution completed initial beta testing with positive feedback, targeting general release in January 2027. Licensing agreement with TangoTango expands Interop 1 technology to over 1,500 public safety agencies and 35,000 users, creating recurring revenue potential. GAAP net income declined to $3.2 million ($0.79 per diluted share) from $3.7 million ($0.96 per diluted share) in Q2 2025, due to a $560,000 increase in income tax provision. SG&A expenses increased to $8.3 million from $6.0 million year-over-year, reflecting higher engineering and R&D costs. Operating margin declined to 16.4% from 18.9% in the prior year quarter, due to increased investments. Adjusted EBITDA margin decreased to 19.4% from 20.9% in Q2 2025, and adjusted EPS fell to $1.01 from $1.30. Effective tax rate is expected to rise to 26% in 2026 from 16% in 2025, reducing diluted EPS by approximately $0.42 per share. BKR9500 FCC approval is not expected until early 2027, and customer deliveries are not anticipated until H1 2027, indicating a lengthy development timeline. Q: Can you elaborate on what is driving the traction with the BKR9000 product? A: John Suzuki (CEO): The key driver is that as we ship more radios into the field, they are performing well, leading existing customers to purchase additional units for their fleets. Furthermore, these satisfied customers are introducing the BKR9000 to other agencies in their surrounding areas, which is reflected in our year-over-year growth in both orders and sales. Q: Can you provide any updates on customer feedback for the BKR9500? A: John Suzuki (CEO): Feedback continues to be very positive. At the recent APCO conference, we displayed the BKR9500, even showing the inside of the radio. Customers were highly impressed with the build quality and construction, providing very good comments overall. Q: Can you speak to the relevancy of backlog to this business, given that it appears to be declining and less relevant as a metric for predicting revenue? A: John Suzuki (CEO): Your comments are on point. Our supply chain improvements since 2024 have made us very efficient, allowing us to turn orders around quickly and maintain stock, so orders don't stay in backlog long. However, we do receive very large orders from time to time, such as from the U.S. Forestry, which can take a few months to a couple of quarters to deliver and will cause spikes in our backlog. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Shares of BK Technologies Corporation BKTI have lost 3.8% since the company reported results for the quarter ended March 31, 2026, compared with the S&P 500 Index’s 0.7% decline over the same period. Over the past month, BKTI stock has lost 10.4%, while the S&P 500 advanced 4.9%. BK Technologies reported first-quarter 2026 revenues of $21.3 million compared with $19.1 million, up 11.8% year over year, driven by strong demand from federal, state and local agencies for its BKR Series radios. Diluted earnings per share (EPS) increased 25.5% to 69 cents from 55 cents in the year-ago quarter, while non-GAAP adjusted diluted EPS rose 41.9% to 88 cents from 62 cents. Net income improved 29.5% to $2.8 million from $2.1 million a year earlier. Gross margin expanded 483 basis points to 51.8% from 47%, reflecting a favorable product mix and stronger adoption of the higher-margin BKR 9000 multiband radio. Operating income climbed 12.8% to $3.3 million from $2.9 million in the prior-year period. Management said the quarter marked a strong start to its “Vision 2030” strategy, which is centered on the transition from single-band to multiband communications and the shift toward on-person broadband solutions. BKTI highlighted continued momentum for its BKR Series radios and growing adoption of BK ONE solutions. BK Technologies noted that it has shipped more than 95,000 BKR 5000 radios since the product launched in late 2020. During the quarter, the company secured an order from the Minnesota Department of Natural Resources for 500 BKR 9000 multiband radios, which management cited as evidence of growing customer acceptance of its multiband platform. The company also unveiled the BKR 9500 multiband mobile radio at FDIC International in April. Management said the product generated strong customer engagement and that BK Technologies had already received its first order from a large existing customer in the Southwest. The company remains on track for Federal Communications Commission approval in the second half of 2026 and expects shipments to begin in the first half of 2027. BK TECHNOLOGIES, INC. price-consensus-eps-surprise-chart | BK TECHNOLOGIES, INC. Quote BK Technologies continued to improve profitability during the quarter as higher-margin products gained traction. Adjusted EBITDA increased 23.7% year over year to $3.9 million from $3.2 million, while adjusted EBITDA margin expanded 180 basis points to 18.7% from 16.9%. Selling, general and administrative expenses rose 28.3% to $7.7 million from $6 million a year earlier, primarily because of higher engineering and product development spending tied to new products and software initiatives. Engineering and product development costs increased 44.4% to $3.7 million from $2.5 million in the prior-year quarter. BKTI generated after-tax free cash flow of $4.1 million during the quarter, up 44% year over year. Cash and cash equivalents reached a record $28.9 million as of March 31, 2026, compared with $22.8 million at year-end 2025. BK Technologies ended the quarter debt-free. Working capital improved to $41.4 million as of March 31, 2026, from $37.3 million at year-end 2025. Management also noted that return on invested capital improved to 24.7% on a trailing 12-month basis. BK Technologies reiterated its fiscal 2026 guidance, calling for revenue of at least $90 million, gross margin above 50%, GAAP EPS of $3.15 per diluted share and non-GAAP adjusted EPS of $3.55 per diluted share. Management stated that its capital allocation strategy remains focused on investing in engineering, software and product development to support long-term growth initiatives under the Vision 2030 roadmap. Executives also said they expect continued adoption of the BKR 9000 and a faster adoption curve for the BKR 9500 compared with the earlier rollout of the BKR 9000 platform. BKTI added that beginning in 2026, engineering costs related to BKR 9500 development are being expensed as incurred rather than capitalized, affecting reported earnings comparisons. During the quarter, BK Technologies repurchased approximately 3,000 shares under its Rule 10b5-1 stock repurchase program, with about $3.5 million remaining under the current authorization. Separately, BKTI disclosed that it filed a patent infringement complaint in February against AT&T Mobility and AT&T Services in the U.S. District Court for the Eastern District of Texas, seeking monetary and injunctive relief. AT&T has responded to the complaint, and the parties are reviewing resolution alternatives. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BK TECHNOLOGIES, INC. (BKTI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Bk Technologies, Inc.? Here are five stocks we like better. BK Technologies posted a strong Q1, with revenue up 11.8% year over year to $21.3 million and gross margin expanding to 51.8% on a better product mix and increased adoption of the higher-margin BKR 9000 radio. Profitability and cash generation improved, as operating income reached $3.3 million, adjusted EBITDA rose to $4 million, and after-tax free cash flow increased 44% to $4.1 million. The company also ended the quarter with a record $29 million in cash and no debt. Management highlighted growing demand for its multiband radios, including a Minnesota DNR order for 500 BKR 9000 units and a positive launch for the BKR 9500 mobile radio. BK Technologies reaffirmed full-year 2026 guidance for at least $90 million in revenue and GAAP EPS of $3.15. Motorola Approaches Buy Point As Analysts Boost Price Targets Bk Technologies (NYSEAMERICAN:BKTI) reported a stronger first quarter of fiscal 2026, with management citing higher demand for its BKR Series radios, an improved product mix and continued cash generation as key drivers of the period’s performance. Chief Executive Officer John Suzuki said the quarter marked “a strong beginning to 2026 and a successful start” to the company’s Vision 2030 plan. He said revenue growth, margin expansion and a record cash balance reflected the company’s operating model and investments in products and solutions. → Micron Investors Face a High-Stakes Moment After the Latest Rally Revenue for the quarter rose 11.8% year over year to $21.3 million, compared with $19.1 million in the first quarter of 2025. Suzuki said revenue expanded 14% on a trailing 12-month basis, supported by momentum in the company’s public safety communications business and demand from federal, state and local agencies. Chief Financial Officer Scott Malmanger said gross profit margin increased to 51.8% in the first quarter from 47% a year earlier, reflecting a favorable product mix and continued adoption of the higher-margin BKR 9000 radio. → How Bad Could Tesla’s Cybertruck Recall Be for Shares? Operating income was $3.3 million, with an operating margin of 15.4%. GAAP net income rose to $2.8 million, or $0.74 per basic share and $0.69 per diluted share, compared with $2.1 million, or $0.60 per basic share and $0.55 per diluted share, in the prior-year period. On a non-GAAP basis, adjusted EBITDA increased to $4 million, with an adjusted EBITDA margin of 18.7%, compared with $3.2 million and a 16.9% margin in the first quarter of 2025. Non-GAAP adjusted earnings were $3.5 million, or $0.94 per basic share and $0.88 per diluted share, compared with $2.4 million, or $0.67 per basic share and $0.62 per diluted share, a year earlier. → How Berkshire’s New York Times Bet Looks Today Malmanger said selling, general and administrative expenses rose to $7.7 million from $6 million in the prior-year quarter. He attributed the increase to higher engineering costs tied to new product and solution development, along with continued investment in innovation. SG&A included about $400,000 in non-cash stock-based compensation expense. The company generated after-tax free cash flow of $4.1 million in the quarter, up 44% year over year, according to Suzuki. Malmanger said the result reflected the company’s cash conversion while it continued to invest for growth. Bk Technologies ended the quarter with $29 million in cash, up from $22.8 million at the end of 2025, and no debt. Working capital increased to $41.3 million from $37.3 million at Dec. 31, 2025, while shareholders’ equity rose to $47.7 million from $44.7 million. Malmanger also noted that the company repurchased approximately 3,000 shares of common stock during the quarter under a Rule 10b5-1 non-discretionary stock repurchase program established in September 2025. Suzuki said the company’s Vision 2030 roadmap is built around two market transitions: the shift from single-band to multiband radios and the move from in-vehicle to on-person broadband solutions. He said Bk Technologies is seeking to capture those opportunities through its BKR Series radios and BK ONE solutions platform. The company has shipped more than 95,000 BKR 5000 single-band radios since the product entered the market in late 2020. Suzuki said the BKR 5000 continues to support an upgrade path to the BKR 9000 multiband radio. During the first quarter, the Minnesota Department of Natural Resources placed an order for 500 BKR 9000 radios. Suzuki said the order demonstrated customer acceptance of the multiband product. In response to an analyst question from Jaeson Schmidt of Lake Street, Suzuki said demand for the BKR 9000 is coming from both existing and new customers. Existing customers, he said, often start with the BKR 5000, test the BKR 9000 and then move to multiband radios for broader interoperability. “In terms of new customers, I would say the volume is lower because they’re still in that test and evaluation phase for the 9000,” Suzuki said, adding that larger add-on orders are emerging as radios prove themselves in the field. Suzuki also discussed the April debut of the BKR 9500 multiband mobile radio at FDIC International in Indianapolis. He said the product received an “overwhelmingly positive” response and generated strong customer engagement. The company also booked its first BKR 9500 order in April from a large existing customer in the Southwest. Dealer training and customer contract updates are underway, and Suzuki said the company remains on pace for Federal Communications Commission approval in the second half of 2026, with shipments expected in the first half of 2027. In the Q&A session, he said he expects adoption of the BKR 9500 to be faster than the BKR 9000 because customers that purchased the BKR 9000 are also interested in the new mobile radio. Suzuki reaffirmed the company’s full-year 2026 outlook. The guidance includes: Revenue of at least $90 million Full-year gross margin of 50% or greater Full-year GAAP earnings per share of $3.15 Full-year non-GAAP adjusted earnings per share of $3.55 Management said the targets reflect expectations for continued revenue growth, additional margin expansion and operating leverage. Malmanger said the company’s estimated tax rate for 2026 is 26%, compared with 16% for full-year 2025, reflecting normalization of the tax profile and higher profitability. He estimated the diluted EPS impact of the higher tax rate at approximately $0.44 per share in 2026. Asked about gross margin, Suzuki declined to comment beyond the company’s guidance but said the long-term goal is to reach 60%. He added that the path to that target may not be linear and reiterated that management expects gross margin above 50% for the full year. On expenses, Malmanger said increases are primarily tied to product and software development. He said hardware development costs can be “lumpy,” depending on prototypes and regulatory milestones such as FCC approval, while software-related costs are expected to be more consistent. Suzuki closed the call by saying the company remains focused on building a scalable communications platform designed to deliver revenue growth, earnings expansion and free cash flow while serving first responders nationwide. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Bk Technologies Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.