Sono-Tek Corp

Sono-Tek Corp. engages in the design and manufacture of ultrasonic coating systems. The firm also provides patented nozzles and generators for manufacturers equipment. Its products categories include electronics, energy, medical, glass, food, textiles, nanotechnology, and industrial. The company was founded by Harvey L. Berger on March 21, 1975 and is headquartered in Milton, NY.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Sono-Tek Corp reports record revenue, eyes international expansion for growth

Sono-Tek Corp's strong financial performance in Q4 2024, driven by record-breaking revenue and strategic growth initiatives, positions the company for continued success.
While facing challenges in certain geographic markets, the company's focus on innovation, partnerships, and market diversification presents promising opportunities for future growth.
With a positive outlook and plans for midyear fiscal 2025 review, Sono-Tek is poised to capitalize on its strengths and navigate challenges effectively to drive sustained growth.

Sono-Tek Corp reports strong Q2 growth, addresses market concerns

Sono-Tek Corp's Q2 2025 earnings call highlighted robust financial performance, driven by strategic shifts and strong customer demand. While facing challenges in backlog composition and market concerns, the company remains optimistic about its growth prospects and encourages further inquiries for detailed insights.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sono-Tek Corp. engages in the design and manufacture of ultrasonic coating systems. It also provides patented nozzles and generators for manufacturers equipment. Its products categories include electronics, energy, medical, glass, food, textiles, nanotechnology, and industrial. The company was founded by Harvey L. Berger on March 21, 1975 and is headquartered in Milton, NY.

Copeman is a Leading Expert in Ultrasonic Atomization and Generator Technology MILTON, NY, February 05, 2024, 2024 – Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced the appointment of Randy A. Copeman as the Company's Chief Technologist, effective immediately.

Sono-Tek Announces Appointment of Randy A. Copeman to Chief Technologist

Sono-Tek Corporation (SOTK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Looking for a Growth Stock? 3 Reasons Why Sono-Tek Corporation (SOTK) is a Solid Choice

Q3 Backlog Increased 96% YOY and Remains Strong at Near Record $10.

Sono-Tek Reports 59% Increase in Q3 Fiscal 2024 Net Sales to Record $5.7 Million and Provides Sales Guidance for Fiscal Year 2024

Dr. Christopher Coccio becomes Executive Chairman, Stephen Harshbarger appointed CEO MILTON, NY, January 02, 2024 – Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has completed the senior management transition that was previously announced at the Company's most recent annual meeting on August 24, 2023.

Sono-Tek Completes Senior Management Transition

– Sales Grew 58% YOY; Backlog Grew 68% YOY and Remains Strong at $10.

Sono-Tek Announces Preliminary Record Revenue with Continued Strong Backlog for Q3 FY2024 and Increases Revenue Guidance for Fiscal Year 2024

Virtual Presentation on Wednesday, October 25, 2023 at 11:00am ET MILTON, NY / ACCESSWIRE / October 19, 2023 / Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that the Company will be presenting at the Fall Foliage MicroCap Rodeo Conference that will be held virtually on Tuesday October 24th - Friday October 27th, 2023. As part of the presentation, Dr. Christopher Coccio, Chairman and CEO and Steve Harshbarger, President and COO, will discuss Sono-Tek's Q2 FY2024 record sales and backlog, recent contract announcements from the clean energy sector, and the Company's financial strength and outlook for growth.

Sono-Tek to Present at the Fall Foliage MicroCap Rodeo Conference

Sono-Tek Corporation (NASDAQ:SOTK ) Q2 2024 Earnings Conference Call October 12, 2023 10:00 AM ET Company Participants Dr. Chris Coccio - Chairman, Chief Executive Officer Steve Harshbarger - President, Chief Operating Officer Steve Bagley - Chief Financial Officer Stephanie Prince - PCG Advisory Conference Call Participants Ted Jackson - Northland Nelson Obus - Wynnefield Capital Bill Nicklin - Circle N Advisors Dick Ryan - Oak Ridge Financial Operator Good morning, and welcome to the Sono-Tek Corporation Mid-Year Fiscal Year 2024 Earnings Conference Call. All participants will be in listen-only mode.

Sono-Tek Corporation (SOTK) Q2 2024 Earnings Call Transcript

- First Half Net Sales Grew 18% YOY, Backlog Hit Record $10.7 Million; Company Expects Minimum 25% Revenue Growth for Fiscal Year ending February 29, 2024-

Sono-Tek Reports 50% Increase in Q2 Fiscal 2024 Net Sales to Record $5.6 Million and Provides Sales Guidance for Fiscal Year 2024

MILTON, NY, Sept. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it will participate in the Northland Capital Markets Virtual Institutional Investor Conference on Tuesday, September 19, 2023.

Sono-Tek to Participate in the Northland Capital Markets Virtual Institutional Investor Conference on Tuesday, September 19, 2023

- Revenue Growth of at least 25% Expected in Current FY 2024 as Supply Chain Issues Ease- - Dr. Christopher L. Coccio, Chairman and CEO, Announces Transition to Executive Chairman at Calendar Year End- MILTON, NY, Aug. 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that at its Annual Shareholders Meeting being held this morning at the Company's headquarters in Milton, New York, the Company's senior management will make the following comments.

Sono-Tek Holds Annual Shareholders Meeting; Provides Revenue Guidance for Second Quarter Ending August 31, 2023 and Full Fiscal Year

-3 System Order Expected to be Shipped in First Half of Fiscal 2025- -Largest Order Received to Date From Clean Energy Sector and in Company History- MILTON, NY, Aug. 03, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Sono-Tek Corporation  (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received an additional order from an existing clean energy customer.  This order is the second part of an expected multi-system program and is valued at $2.19 million.

Sono-Tek Announces $2.19 Million Order from Specialty Clean Energy Customer, Second Part of Expected Multi-System Program

MILTON, NY, July 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – 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 2024, ended May 31, 2023.

Sono-Tek Reports Record Backlog for First Quarter Fiscal 2024 and Provides Sales Guidance for Expected Growth in Second Quarter and Full Year of FY2024 as Supply Chain Issues Improve

Sono-Tek Corporation (NASDAQ:SOTK ) Q4 2023 Earnings Conference Call May 25, 2023 10:00 AM ET Company Participants Stephanie Prince - PCG Advisory Christopher Coccio - Chairman and CEO Stephen Bagley - CFO Stephen Harshbarger - President and COO Conference Call Participants Bill Nicklin - Circle N Advisors Ted Jackson - Northland Securities Operator Good morning, and welcome to the Sono-Tek Fiscal Year End 2023 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call.

Sono-Tek Corporation (SOTK) Q4 2023 Earnings Call Transcript

Agilysys

Docebo

Red Violet

Aehr Test Systems

Nuvei Corp

PDF Solutions

While nothing moves the world quite like digital innovation, at a certain point, even the most bulletproof enterprises require a cooling-off period, thus segueing to the topic of overvalued tech stocks to sell. To be 100% clear, this narrative does not center on shorting these market ideas.

7 Overvalued Tech Stocks to Sell Before June 2023

Sono-Tek Corporation (SOTK) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.04 per share a year ago.

Sono-Tek Corporation (SOTK) Reports Break-Even Earnings for Q4

-Backlog at February 28, 2023 Increased 60% to $8.5M Year Over Year; First Year with Several $1+Million Orders – -Conference Call on Thursday, May 25, 2023 at 10:00am EST- MILTON, N.Y, May 25, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fourth quarter and fiscal year 2023, ended February 28, 2023 (“fiscal 2023”). Fiscal Year 2023 Highlights Backlog at February 28, 2023, was $8.5 million, a record high and a 60% increase compared to backlog at February 28, 2022, (“fiscal 2022").

Sono-Tek Announces Financial Results for Fiscal Year 2023; Positive Net Sales Growth Expected for Fiscal Year 2024

Milton, New York--(Newsfile Corp. - May 23, 2023) - Sono-Tek Corp (NASDAQ: SOTK) announced today that it will be presenting at the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel, California on June 6th-8th, 2023. The event is expected to feature 150+ companies, presenting in half-hour increments, as well as private 1:1 meetings.

Sono-Tek Corp Announces Participation in the LD Micro Invitational XIII

Conference Call on Thursday, May 25, 2023 at 10:00am ET MILTON, NY, May 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that the Company will hold a conference call to discuss its year end fiscal year 2023 financial results, ended February 28, 2023, on Thursday, May 25, 2023 at 10:00 am ET. The year end FY 2023 financial results press release will be issued before the market opens on May 25, 2023.

Sono-Tek Announces Year End FY 2023 Earnings Conference Call

Sono-Tek Corporation (SOTK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Sono-Tek Corporation (SOTK) Soars 7.4%: Is Further Upside Left in the Stock?

Order Expected to be Shipped in Current Fiscal Year

Sono-Tek Announces First Production Scale System Order Exceeding $600K From Specialty Clean Energy Customer, First Part of Expected Multi-System Program

Sono-Tek Announces $600K Multi-System Order From Innovative Medical Technology Customer, First Part of Expected Multi-Phase Program

Sono-Tek Corporation (SOTK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Sono-Tek Corporation (SOTK) Rating Upgrade to Buy

Sono-Tek's business lives in the world of ultrasonic coating systems. While this does not sound sexy, macro trends are firmly in the company's favor. The nanocoating's market, with the help of alternative energy, semi's and medical devices, is expected to grow at a ridiculous 22.7% CAGR over the next decade.

Sono-Tek Corp: A Micro-Cap Company Ready To Surf The Semi And Alt Energy Wave

SonoTek Corporation (SOTK) delivered earnings and revenue surprises of 0% and 4.63%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

SonoTek Corporation (SOTK) Meets Q3 Earnings Estimates

- Supply Chain Delays Impact Current Sales, Backlog up 14% from Start of Fiscal Year, Projects Double Digit Revenue Growth in FY2024 -

News for Sono-Tek Corp Stock (SOTK)