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Butler National reports Q3 earnings and sees sharp rise in short interest

1 report, 1 independent Updated Tue 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Butler National reported $0.08 earnings per share and $30.78 million in revenue for the quarter ending September 11th. During October, short interest in the company grew 96.5% from September 30th, totaling 54,346 shares as of October 15th.

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The company reported a net margin of 21.65% and a current ratio of 2.52, indicating financial stability. The significant increase in short interest suggests growing market skepticism regarding the company's valuation or future performance.

From themarketsdaily.com

Who's involved

  • Dodge CityCity where Butler National operates its gaming business
  • KansasState where Butler National operates its gaming business

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The entities involved

Coverage

Newest first; wire copies grouped