Sono-Tek (NASDAQ:SOTK) reported its Q3 earnings results on Tuesday, January 16, 2024 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Sono-Tek beat estimated earnings by 100.0%, reporting an EPS of $0.04 versus an estimate of $0.02.
Revenue was up $2.10 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 1.79% drop in the share price the next day.
Here's a look at Sono-Tek's past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0 | 0.01 | 0.01 |
| EPS Actual | 0.03 | 0 | 0 | 0.01 |
| Revenue Estimate | 5.62M | 3.56M | 4.00M | 3.80M |
| Revenue Actual | 5.64M | 3.60M | 3.66M | 3.59M |
To track all earnings releases for Sono-Tek visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.