Sono-Tek Reports Record Sales and Backlog for Third Quarter Fiscal 2020
Sono-Tek Corporation (SOTK)
NASDAQ:AMEX Investor Relations:
sono-tek.com/investor-relations
Company Research
Source: GlobeNewswire
MILTON, N.Y., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fiscal 2020 third quarter and year-to-date period ended November 30, 2019. Third Quarter Fiscal 2020 Financial Highlights: Another Record Breaking Quarter for Sales of $3.67 million, a 16% increase compared to third quarter FY2019Record high backlog of $5.40 millionGross margin of 48.9% compared to 41.0% in third quarter FY2019, a 790 basis point expansionNet income of $280,000 versus $20,000 in third quarter FY2019, a 14-fold increaseSales Growth Guidance for FY2020 remains at 15% – 25% annual increase Dr. Christopher L. Coccio, Chairman and CEO, commented, “For the third quarter, Sono-Tek reported another record breaking quarter and achieved new highs in sales, backlog, margins and net income. These gains stem from the strategic shift in our business model that w
Show less
Read more
Impact Snapshot
Event Time:
SOTK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOTK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOTK alerts
High impacting Sono-Tek Corporation news events
Weekly update
A roundup of the hottest topics
SOTK
News
- Antimicrobial Textiles Global Market Outlook Report, 2024-2032: Hotels, Restaurants, and Public Transport Embrace Antimicrobial Textiles for Enhanced Hygiene [Yahoo! Finance]Yahoo! Finance
- MD&M West Calls on Community to Celebrate 40 Years of Medical, Critical and Advanced Manufacturing in Advance of February Show [Yahoo! Finance]Yahoo! Finance
- Sono-Tek to Present at the Virtual Investor Summit Microcap Event on November 21st [Yahoo! Finance]Yahoo! Finance
- Sono-Tek to Present at the Virtual Investor Summit Microcap Event on November 21stAccesswire
- Sono-Tek Announces Share BuybackGlobeNewswire
SOTK
Earnings
- 10/15/24 - In-Line
SOTK
Analyst Actions
- 10/16/24 - Northland Securities
SOTK
Sec Filings
- 12/16/24 - Form SCHEDULE
- 11/8/24 - Form 4
- 11/4/24 - Form 8-K
- SOTK's page on the SEC website