BK Technologies Corporation (NYSE: BKTI)stated a financial and operational status

Earnings for the third quarter 2019 includes unrealized losses on investments in securities totaling about $0.26 M, contrast with losses of about $0.191 M for the same quarter last year.

For the 3rd quarter ended September 30, 2019, earnings amounted to about $11.8 M, contrast with about $13.3 M for the 3rd quarter in 2015. Running earnings for the 3rd quarter 2019 totaled about $0.295 M, contrast with operating income of about $0.88 M for the 3rd quarter in 2015. Net earnings for the third quarter of 2019 was about $0.24 M, or $0.02 per diluted and fundamental share, contrast with earnings of about $0.65 M, or $0.05 per standard and diluted share, for the exact same quarter last year.

The Company had about $17.1 M in working capital since September 30, 2019, of which $11.7 M was consisted of money, money equivalents and trade receivables. This compares to working capital of about $21.0 M since December 31, 2018, of which $17.0 M was consisted of money, cash equivalents and trade receivables.

The monetary outcomes for the nine months ended September 30, 2019 consist of a gain on investment in securities amounting to about $0.186 M, contrast with losses of about $1.4 M for the nine-month duration last year.

BK Technologies Corporation (NYSE: BKTI) recently reported monetary and operating results for the 3rd quarter and nine months ended September 30, 2019.

On Tuesday, BK Technologies Corporation (NYSE: BKTI) shares tape-recorded trading volume 3.39 K shares as compared to its typical volume of 8.48 K shares. The shares rate traded between $2.76 and $2.82 throughout the last trading session dropped with -2.46% at $2.78. Over the one year trading period, the stock has a peak price of $4.67 and its down is recorded at $2.55.

For the 9 months ended September 30, 2019, sales amounted to about $32.7 M, contrast with about $38.7 M for the same period in 2015. Running loss for the nine-month period of 2019 amounted to about $2.0 M, contrast with operating earnings of about $3.0 M for the same duration last year. Net loss for the 9 months ended September 30, 2019 amounted to about $1.3 M, or $0.10 per standard and diluted share, contrast with earnings of $1.2 M, or $0.09 per basic and diluted share, for the same duration last year.

Ron Wolters

Ron Wolters – Technology My name is Ron Wolters, I have worked for the stock market industry for 4 years. Technology news grasps my attention the most. In early days, I started my journey with an ordinary author. Moving forward with great hard work and passion I achieve a higher position. As I believe in working hard and putting the soul in my work, I have accomplished so much success and place in Topnewsscoop.com, and now I have confidence in this, that I am the spin of this network. I have a vision of touching the sky. I wish to see this industry on a global scale one day. My other duties are that I am a contributor and an editor of the technology segment. My work is to do a critical analysis of companies and pick out the most significant information for investor network. Address: 705 Kennedy Court Worcester, MA 01609, United States of America Phone Number:  +1 774 437 8879 Email: [email protected]

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