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Sono-Tek to Present at August 20th Virtual Investor Summit Microcap Event
Prism Media Wire· 2024-08-15 22:16
Sono-Tek to Present at August 20th Virtual Investor Summit Microcap Event MILTON, NY, August 15, 2024 — Sono-Tek Corporation (Nasdaq: SOTK), a leading developer and manufacturer of ultrasonic coating systems, announced today that it will be presenting at the upcoming Virtual Investor Summit on August 20, 2024. Investors may request a one-on-one meeting with management by registering here: https://investorsummitgroup.com.Event: Q3 Investor SummitDate: August 20, 2024Presentation Time: 1:30 PM ETLocation: ht ...
Sono-Tek Announces Additional $2.95 Million Order from Specialty Clean Energy Customer
Prism Media Wire· 2024-08-13 19:00
Sono-Tek Announces Additional $2.95 Million Order from Specialty Clean Energy Customer 4 System Order Expected to be Shipped in Fiscal 2026Company Experiencing Strong Demand from Clean Energy SectorMILTON, NY, August 13, 2024 — Sono-Tek Corporation (Nasdaq: SOTK), a leading developer and manufacturer of ultrasonic coating systems, is pleased to announce the receipt of an additional $2.95 million order from an existing clean energy customer. This new order, identical in value and scope to a recent record-br ...
Sono-Tek Announces Largest Order in Company History
Prism Media Wire· 2024-07-31 19:00
Sono-Tek Announces Largest Order in Company History $2.95 Million Order from Specialty Clean Energy CustomerThird Part of Expected Multi-System Program4 System Order Expected to be Shipped in First Half of Fiscal 2026MILTON, NY, July 31, 2024 – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, is pleased to announce that it has received a significant new order from an existing clean energy customer. The $2.95 million order is the third part of an ant ...
Sono-Tek Announces Largest Order in Company History
Newsfilter· 2024-07-31 19:00
$2.95 Million Order from Specialty Clean Energy Customer Third Part of Expected Multi-System Program 4 System Order Expected to be Shipped in First Half of Fiscal 2026 MILTON, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic coating systems, is pleased to announce that it has received a significant new order from an existing clean energy customer. The $2.95 million order is the third part of an anticipated multi-system program a ...
Sono-Tek (SOTK) - 2025 Q1 - Quarterly Report
2024-07-11 22:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No.: 000-16035 (Exact name of registrant as specified in its charter) New York 14-1568099 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No. ...
CORRECTING and REPLACING – Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025
GlobeNewswire News Room· 2024-07-11 22:45
MILTON, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- In a release published earlier today under the same headline by Sono-Tek Corporation (Nasdaq: SOTK), please note that several corrections were made to the Condensed Consolidated Statements Of Cash Flows table. The corrected release follows:                                                                                       Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial resul ...
Sono-Tek Corporation (SOTK) Q1 Earnings and Revenues Top Estimates
ZACKS· 2024-07-11 21:11
Sono-Tek Corporation (SOTK) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.01, delivering no surprise.Over the last four quarters, the company has ...
Sono-Tek (SOTK) - 2025 Q1 - Quarterly Results
2024-07-11 19:09
Exhibit 99 2012 Route 9W ● Milton, NY 12547 ● 845-795-2020 Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025 Provides Sales Guidance for Second Quarter of Fiscal 2025 and Anticipates Continued Sales Growth for Fiscal 2025 MILTON, N.Y., July 11, 2024 – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its first quarter of fiscal year 2025, ended May 31, 2024. First ...
Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025
Prism Media Wire· 2024-07-11 19:03
文章核心观点 - 公司在第一财季实现了强劲的销售增长,主要得益于医疗和清洁能源市场的强劲需求 [3][4][5] - 公司的增长策略正在持续推进,客户从研发和试点机器转向采购公司的大型生产系统,带来了更高的平均销售价格 [5] - 公司保持了良好的财务状况,现金和现金等价物达到1.22亿美元,无债务 [18][19] 财务数据总结 - 第一财季销售收入同比增长40%至5,031,000美元 [3][12] - 毛利同比增长38%至2,454,000美元,毛利率为48.8% [15] - 营业利润同比增长359%至238,000美元 [16] - 净利润同比增长525%至331,000美元,每股收益为0.02美元 [17] - 设备订单和服务相关订单总额为7,830,000美元,较上一季度下降16% [14] 市场和产品销售情况 - 医疗和清洁能源市场销售大幅增长,分别增长124%和174% [50] - 电子/微电子和工业市场销售有所下降,分别下降14%和65% [50] - 多轴涂层系统和集成涂层系统销售增长较快,分别增长51%和142% [52]
Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025
Newsfilter· 2024-07-11 19:00
MILTON, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its first quarter of fiscal year 2025, ended May 31, 2024. First Quarter FY2025 Financial Highlights: (Compared with prior-year period unless otherwise noted) Net Sales for the quarter increased 40% to $5,031,000 compared to $3,603,000 in the prior year period, driven by strong shipments to the Medical and Alternative/C ...