Sono-Tek Reports Fiscal Second Quarter and First Half 2025 Financial Results, Record Backlog and Provides Revenue Guidance
Sono-Tek Corporation (SOTK)
NASDAQ:AMEX Investor Relations:
sono-tek.com/investor-relations
Company Research
Source: GlobeNewswire
Q2 Sequential Revenue Growth Meets Quarterly Guidance of 2%-5% Record Equipment and Service Backlog of $11.7 Million First Half Revenue Growth of 10% YOY, First Half Net Income Growth of 13% YOYExpects Continued Revenue Growth for Full Fiscal Year 2025Conference Call Today at 10:00 am ET MILTON, N.Y., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for the second quarter and first half of fiscal year 2025, ended August 31, 2024. Second Quarter and First Half Fiscal 2025 Highlights Net Sales for the quarter decreased by 8% or $477,000 to $5,162,000 compared to the second quarter of fiscal 2024, which saw elevated sales due to the resolution of supply chain challenges, which had previously impacted the Company’s operations. Second quarter revenue increased 3% sequentially to $5.2 million, meeting quarterly guidance of 2%-5% growth, driven by strong shipments
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News
- 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
- Sono-Tek Announces Participation at The Spartan Capital Investor ConferenceGlobeNewswire
SOTK
Earnings
- 10/15/24 - In-Line
SOTK
Analyst Actions
- 10/16/24 - Northland Securities
SOTK
Sec Filings
- 11/8/24 - Form 4
- 11/4/24 - Form 8-K
- 10/16/24 - Form S-8
- SOTK's page on the SEC website