Butler National Corp's Q3 revenue, net income rise on aerospace products growth

Butler National

12/03/2026 14:36

Overview

US aircraft MRO and gaming services firm's Q3 revenue rose 27% yr/yr

Net income for Q3 nearly doubled from prior year

Company repurchased 222,168 shares during the quarter

Outlook

Company says investments in new products expected to support long-term revenue growth

Company continues initiatives to increase visitation and entertainment at Boot Hill Casino & Resort

Backlog stands at $37.0 mln, but completion timing remains uncertain

Result Drivers

AEROSPACE PRODUCTS GROWTH - Revenue from Aerospace Products segment rose 50%, driven by higher aircraft modification activity and increased sales of special mission electronics

OPERATIONAL IMPROVEMENTS - Productivity gains, fabrication efficiencies, and expanded installation capacity contributed to margin expansion and improved profitability

PROFESSIONAL SERVICES MIXED - Mobile sports wagering revenue grew, but traditional casino gaming revenue declined due to economic pressures in western Kansas

Company press release: ID:nPn8R2vtTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$26.91 mln
Q3 EPS
$0.10
Q3 Net Income
$6.70 mln
Q3 Operating Income
$9.24 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)