Butler National Corp. (OTC:BUKS)

Butler National Corp. (OTC:BUKS) ($0.895, $71.3 M market cap) released fiscal 2024 financial results

• Q4 2024 EPS: $0.07 per share vs. $0.01 per share in Q4 2023.
• Full Year 2024 EPS: $0.18 per share vs. $0.06 per share in FY 2023.
• Q4 2024 Revenue: $22.7 million vs. $20.1 million in Q4 2023.
• Full Year 2024 Revenue: $78.4 million vs. $75.2 million in FY 2023

CEO comments:

"The Butler team continues to focus on training new talent to enhance production efficiencies while maintaining schedules and growing net income. Training ranges from on-the-job development of aircraft modifications skills, both for technicians and engineers, to specialized cable manufacturing in Tempe. Our objective is to grow production capacity and minimize the loss of productivity. The modification activity at the New Century facility is progressing as we have reached our current staffing goals for modifications; however, we continue to seek talented staff at each of our locations to further enhance productivity. We are working to expand program management activities to better accommodate customer requests and track the significantly increased number of modifications that are in process at both Newton and New Century. From an engineering perspective, the commitment to develop niche new product offerings continues. We are also reviewing and streamlining operations to maximize the effective use of our resources. I am very appreciative of all the Butler National employees for their contributions in achieving the record results for fiscal year 2024. We are looking forward to meaningful discussions at the upcoming shareholder meeting."

BUKS is “a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services.”