Exhibit 99 | |||||||||
PRESS RELEASE | July 28, 2011 | ||||||||
BUTLER NATIONAL CORPORATION REPORTS FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS AND CONFERENCE CALL | |||||||||
[OLATHE, KANSAS] July 28, 2011 - Butler National Corporation (OTC QB:BUKS) a leading manufacturer and provider of support systems for "Classic" commercial and military aircraft, announces its financial results for the fourth quarter fiscal 2011 and year ended April 30, 2011. In conjunction with the release, the Company has scheduled a conference call Tuesday, August 2, 2011 at 9:00 AM Central Daylight Time. | |||||||||
Historical selected financial data related to all operations: | |||||||||
Year Ended April 30 | Quarter Ended April 30 | ||||||||
(In thousands except per share data) | (In thousands except per share data) | ||||||||
2011 | 2010 | 2009 | 2011 | 2010 | 2009 | ||||
Net Sales | $ 46,355 | $ 32,577 | $ 18,093 | $ 12,913 | $ 13,173 | $ 4,288 | |||
Operating Income | 2,829 | 3,344 | 1,832 | 598 | 1,056 | 678 | |||
Net Income | 1,260 | 2,890 | 829 | 32 | 1,510 | 279 | |||
Total Assets | 32,158 | 29,566 | 25,798 | 32,158 | 29,566 | 25,798 | |||
Long-term Obligations | 4,940 | 4,305 | 6,345 | 4,940 | 4,305 | 6,345 | |||
Stockholders' Equity | 18,025 | 16,308 | 13,219 | 18,025 | 16,308 | 13,219 | |||
Weighted Average Shares - Diluted | 56,109 | 55,503 | 54,934 | 56,109 | 55,503 | 54,934 | |||
New Product Research and Development Cost | 1,652 | 1,720 | 1,892 | 433 | 374 | (609) | |||
Management Comments: Business Segment Highlights
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Our Business: | |||||||||
Forward-Looking Information: | |||||||||
FOR MORE INFORMATION, CONTACT: | |||||||||
Humanity Worldwide Capital Group | Ph (914) 479-9060 | ||||||||
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8-K Filing
Butler National (BUKS) 8-KResults of Operations and Financial Condition
Filed: 29 Jul 11, 12:00am