Butler National Corporation reports fiscal year end financial results

Butler National Corporation reported that fiscal 2012 year ended April 30, 2012, revenues increased 17% to $54.4m compared to $46.3m in fiscal 2011. The year-over-year increase in revenue reflects additional professional services revenues (up 36%) driven by increased revenues from gaming activities and a decrease in aerospace products revenues (down 9%) attributable to reduced domestic government spending for military support products and the slow growth of the United States economy. Fiscal 2012 net income increased 51% to $1.9m compared to $1.3m in fiscal 2011.