CORRECTING and REPLACING – Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025
Sono-Tek Corporation (SOTK)
NASDAQ:AMEX Investor Relations:
sono-tek.com/investor-relations
Company Research
Source: GlobeNewswire
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 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/Clean Energy markets.Gross Profit increased 38% to $2,454,000 compared to $1,777,000 in the prior year period.Operating Income increased $330,000 to
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Earnings
- 10/15/24 - In-Line
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Analyst Actions
- 10/16/24 - Northland Securities
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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