BK Technologies raises FY25 non-GAAP EPS view to $3.80 from $2.80

“With our visibility today, we are raising certain of our previously stated full year financial targets. We now expect to deliver full year revenue growth in the high single digits with gross margin greater than 47%, a sharp improvement from our prior expectation of single-digit growth and gross margin above 42%. This upward revision reflects the strong demand we are seeing, the leverage in our business model, and our confidence in our ability to sustain performance at these higher levels. Additionally, we are raising our full-year GAAP diluted EPS target to $3.15 per share from $2.40 per share, and our non-GAAP diluted adjusted EPS target to $3.80 per share from our previously stated non-GAAP diluted adjusted EPS1 target of $2.80 per share, based on our current backlog and pipeline, as well as the strengthening gross margin. We’re encouraged by our results in this quarter and year-to-date, and look forward to driving enhanced results for our shareholders as we progress through the second half of the year,” CEO John Suzuki concluded.