- 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-
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2022 | $8.00 | Outperform | Northland Capital |
4 - SONO TEK CORP (0000806172) (Issuer)
4 - SONO TEK CORP (0000806172) (Issuer)
4 - SONO TEK CORP (0000806172) (Issuer)
Northland Capital initiated coverage of Sono-Tek Corporation with a rating of Outperform and set a new price target of $8.00
8-K - SONO TEK CORP (0000806172) (Filer)
S-8 - SONO TEK CORP (0000806172) (Filer)
10-Q - SONO TEK CORP (0000806172) (Filer)
MILTON, NY / ACCESSWIRE / November 14, 2024 / Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced its participation at the upcoming Virtual Investor Summit Microcap Event on November 21st. The Company will be available for 1-on-1 meetings throughout the day in addition to its formal presentation.Event: Q4 Investor SummitPresentation date and time: November 21, 2024, 1:30pm - 2:00pm ETLocation: https://www.webcaster4.com/Webcast/Page/3075/51644The theme is 40 micro-cap companies with a catalyst and/or strong performance in the current market.Take a deep dive with the best Investors in MicroCapLive Q & AComplimentary to Qual
MILTON, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that its Board of Directors has authorized the repurchase of up to $2.0 million of Sono-Tek's outstanding common stock (the "Repurchase Program"). Dr. Christopher L Coccio, Executive Chairman, stated, "We are pleased to announce the Repurchase Program and believe that it demonstrates our financial strength and confidence in our long-term growth strategy. With our solid balance sheet and record backlog, we believe this program represents an attractive opportunity to further enhance shareholder value while maintaining the
MILTON, N.Y., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced its participation in Spartan Capital Securities, LLC's inaugural investor conference on November 4th at the Pierre Hotel in New York. Steve Harshbarger, CEO & President of Sono-Tek will provide a formal presentation to investor attendees at 2:20 PM ET. To schedule a one-on-one meeting please register to attend at the link below. For more information about the conference and registration details, please visit Spartan Capital's conference page. About Spartan Capital Securities, LLC Spartan Capital Securities, LLC, is a p
SC 13G/A - SONO TEK CORP (0000806172) (Subject)
SC 13G/A - SONO TEK CORP (0000806172) (Subject)
SC 13D/A - SONO TEK CORP (0000806172) (Subject)
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
MILTON, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- 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 fiscal second quarter and first half 2025 financial results, ended August 31, 2024, on Tuesday, October 15, 2024 at 10:00 am ET. The second quarter and first half FY 2025 financial results press release will be issued before the market opens on October 15, 2024. Conference Call Dial-in Information To participate, please call 1-844-481-2752 at least 10 minutes prior to the start of the call and ask to join the Sono-Tek call. Webcast Information A sim
MILTON, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- 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 $238,000, fr
Sono-Tek (NASDAQ:SOTK) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $0.01 by 100 percent. The company reported quarterly sales of $5.031 million which beat the analyst consensus estimate of $4.814 million by 4.51 percent. This is a 39.63 percent increase over sales of $3.603 million the same period last year.
Sono-Tek (NASDAQ:SOTK) reported quarterly earnings of $0.01 per share. The company reported quarterly sales of $4.77 million which met the analyst consensus estimate. This is a 30.38 percent increase over sales of $3.66 million the same period last year.
MILTON, N.Y., Feb. 05, 2024 (GLOBE NEWSWIRE) -- 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. In this new role Mr. Copeman will join the senior management team and lead the ongoing development of Sono-Tek's core technology products. During his 27 years at Sono-Tek, Mr. Copeman has been the primary engineer in the development of several of the Company's core technological advancements including advanced generator technology, new ultra-high frequency nozzles, and proprietary spray shaping techniques. He has also been th
MILTON, N.Y., Jan. 02, 2024 (GLOBE NEWSWIRE) -- 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. Effective as of December 31, 2023, Dr. Christopher L. Coccio transitioned from his position as Chief Executive Officer of Sono-Tek Corporation to the Company's Executive Chairman. He will also continue to serve as Chairman of the Company's Board of Directors. As Executive Chairman, Dr. Coccio will continue to play a senior leadership role in the Company's management. Effectiv