BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS
OLATHE, Kan., March 15, 2024 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2024 ended January 31, 2024.
- Third quarter fiscal 2024 net income was $2.4 million compared to a net income of $2.0 million in the third quarter fiscal 2023.
- Third quarter fiscal 2024 operating income was $3.8 million compared to $3.4 million in third quarter fiscal 2023.
- During the three months ended January 31, 2024, we invested approximately $845 in the development and acquisition of new products.
- With continued favorable gaming activity, production and the flow of orders, Butler National should have a positive end to fiscal 2024.