BUKS - Earnings call 2 2023 | Butler National Corporation

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Operator

Good morning, ladies and gentlemen. Today is Friday, December 16, and welcome to the Butler National Corporation Second Quarter Fiscal 2023 Financial Results Conference Call. [Operator Instructions]

Your call leader for today's call are David Drewitz, Creative Options Communications; Clark Stewart, President and CEO; Craig Stewart, President of Aerospace Group.

I would like to turn the call over to Dr. Drewitz. David

begin. may You

David Drewitz

morning, happy Good everyone, you. holidays. and Thank

forward-looking would draw information safe your Mr. call herein, Stewart Securities to, harbor to Reform I begins, are conference in this historical Before provisions attention as to the like except Act statements of in made outlined and pursuant the Private the contained Litigation for XXXX.

National's through of market forecasted to known unknown governmental, or among loss regulations, may Those cause of to Butler which differ the include, risks introduction and call periods future capital from competing health uncertainties, Forward-looking actual by share and and which other in statements results. involve risks materially new competition results companies; -- significant otherwise, Butler require make other the things, could environmental technology expenditures. safety,

The events circumstances. such this included date to this call call, made no only statements Butler forward-looking in to publicly of are or obligation of National subsequent undertakes the and update forward-looking statements conference reflect

actual and factors Important to, expectations annual Form include, with limited factors not the that could Factors caption but are in Securities forward-looking XX-K results to in Risk on the reflected the company's materially under statements Exchange the the described Commission. report from differ filed cause

completed, with Mr. to Mr. Stewart, turn So Clark statement I'm the that Stewart. yours. it to going call over is all

Clark D. Stewart

quarter on the Butler second time to I'm us listen CEO the of appreciate call. and Clark to Thank us Mr. National your morning. to this Good and you, morning I Drewitz. I President talk Corporation. Stewart. conference am

the backlogs as the holding XX-Q. believe those in X our so up cash and are from I all this Form numbers of year. you very and telling And the we far had quarters you front have well all I'm revenue in you and our items fiscal good

$XX.X pace. X business million, current which months' our is is of at worth Backlog

is million the equity Our in up X year. quarter shareholder previous from $X almost the

for $X or XX.X% $X the net up debt XX% taking well, X months and of as after income about out the million. our even up million income Our is is forgiveness

down the didn't read that's I'm sign, it's that's sorry, So we -- but XX%. are. where I minus

in XX-Q on we're willing what? questions I'm -- have XX-K, the you any think fine I might -- to I shape. have answer

Craig D. Stewart

Sportsbook.

Clark D. Stewart

talk little bit. to sportsbook about need We a

with are We've so having on We good going inside sportsbook retail temporary operation the far. luck basis the got a casino.

that profits state of course, way casino maybe our they to our is of share the the about operation through furnish as We are DraftKings that. the in -- best Kansas. And of we go talk statewide in some provider, that to network of

that's And good a so been addition.

-- the So off go far, $XXX,XXX how Page -- resulted much should revenue of of X. we $XXX,XXX that in

questions, think questions. you David? I If time have for it's

David Drewitz

Yes, great.

open it up Let's Operator? for questions.

Operator

Instructions] [Operator

David Drewitz

there? out questions Any

Operator

None yet, as sir. of

David Drewitz

Would closing No? there's appear questions. any Well, Clark, would to doesn't any it like make make that statements? to -- you a like you

Clark D. Stewart

you, I I'm on year. would. this Thank positive

I think good we're going to year. have a very

strong winter and months the does fall winter, next it is sportsbook and we'll Our through how the see summer. or the

our Aerospace pleased it's DraftKings. Overall, and of the business I the in is of But leaders strong. with one They're we're very very think doing well, business. much

have We in and at both also business Avcon Tempe. good

very I'm questions? And do doing, year That's all. on. the and happy so with better Any even think I as we're we'll goes how other

we're on very your I again thank this where going. much. time positive We're want morning. you taking you very are to Thank we visit us for to where with and

David Drewitz

concludes today's that call. And everybody. you, Thank

Operator

Butler And call. all today's National gentlemen. this Thank attending. concludes you, Thank you for conference Corporation

Butler National (BUKS) 16 Dec 222023 Q2 Earnings call transcript