$72.680
-2.369 (-3.26%)Zum Schluss
BKTI-News
BKTI-Events
Stock Futures Modestly Higher, Cerebras Systems Down 15%
Stock futures are modestly higher as investors digest softer-than-feared Producer Price Index data that follows yesterday's July CPI report.The Fed outlook has become somewhat more favorable for equities following the inflation data and the weak July employment report. Markets are now pricing roughly a 66% probability that the Fed holds rates steady at its next meeting, according to Reuters.Technology and AI infrastructure stocks remain an important source of strength. At the same time, Cerebras Systems is under pressure after its results missed expectations, highlighting how high expectations have become for companies tied to the AI buildout.Oil prices are providing some relief after six consecutive sessions of gains. Brent crude has fallen roughly 2% as concerns over global demand and rising U.S. crude inventories offset continued geopolitical risks surrounding Iran and the Strait of Hormuz.In pre-market trading, S&P 500 futures rose 0.17%, Nasdaq futures fell 0.02% and Dow futures rose 0.30%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -Jack in the Boxup 15%EnerSysup 14%Birkenstockup 12%Grocery Outletup 9%McGraw Hillup 3%BK Technologiesup 2%Red Robinup 2%Belite Bioup 1%DOWN AFTER EARNINGS -Cerebras Systemsdown 15%Tapestrydown 10%Yetidown 9%Intuitive Machinesdown 9%Ciscodown 7%Coherentdown 6%JD,comdown 3%Bending Spoonsdown 2%
Company Reiterates 2026 Targets: $90M Revenue
Reiterating full year 2026 targets: $90M in revenue, gross margin of +50%, GAAP EPS of over $3.15 per diluted share, and non-GAAP adjusted EPS of $3.55 per diluted share. These targets reflect expensing of engineering costs that were previously capitalized.
Company Reports Q2 Revenue of $23.4 Million
Reports revenue $23.4M vs. $21.1M last year. John Suzuki, CEO, 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 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."
BK Technologies Signs Strategic Agreement with Tango Tango
BK Technologies announced a strategic licensing and collaboration agreement with Tango Tango. The partnership significantly expands BK Technologies' software strategy by integrating the Company's patented InteropONE technology into one of the nation's largest public safety push-to-talk networks. It also establishes a collaborative framework for the companies to expand interoperability capabilities across Tango Tango's rapidly growing platform, which serves more than 1,500 public safety agencies and over 35,000 active subscribers in 49 states. Under the agreement, Tango Tango will receive an initial three-year license to the InteropONE patented technology, renewable annually. Tango Tango will market the technology under the InteropONE brand, with participating users identified as "InteropONE users", and dynamically created communications groups branded as "InteropONE talkgroups." The companies believe this collaborative branding strategy will strengthen awareness of the InteropONE platform throughout the public safety community, enhancing visibility among public safety agencies nationwide.
Reiterating 2026 Targets: $90 Million Revenue, GAAP EPS Over $3.15
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 of $3.55 per diluted share. These targets reflect expensing of engineering costs that were previously capitalized.
Diese Seite dient nur der Recherche und ist keine Anlageberatung. Modelle können falsch liegen. Vergangene Wertentwicklung ist kein Indikator für die Zukunft.