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
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
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
Keep exploring
The entities involved
-
Dodge City
city in and county seat of Ford County, Kansas, United States
Nothing else this week.
-
Kansas
state of the United States of America