Butler National Earnings Call Transcripts
Fiscal Year 2027
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Q1 fiscal 2027 saw revenue up 53% and net income up 43% year-over-year, led by a 92% surge in aerospace products. Record backlog and strong cash position support continued growth, while new agreements and a CEO search mark key developments.
Fiscal Year 2026
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Record fiscal 2026 results featured 17% revenue growth and 75% higher net income, driven by aerospace segment strength and special mission electronics. Management remains optimistic for fiscal 2027, focusing on CEO transition, backlog conversion, and disciplined investment.
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Revenue rose 27% year-over-year, driven by a 50% increase in aerospace segment sales, with net income nearly doubling. Operating margin improved to 34%, and a strong backlog supports future growth. Gaming remains stable, with sports wagering contributing positively.
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Record quarterly results driven by aerospace growth and operational efficiencies, with net income up 67% and revenue up 9% year-over-year. Gaming remains stable despite local economic headwinds, and the company continues to invest in manufacturing and shareholder returns.