Company News

Strong demand in leading markets drove sales up 5.5% over fiscal 2018 to $11.6 million with gross margin of 45%; For the fourth quarter, sales grew 1% over prior-year period with gross margin of 46% Investments in sales and marketing to win leading market positions in alternative energy and medical market applications impacted operating margin…

Strong demand in leading markets drove sales up 5.5% over fiscal 2018 to $11.6 million with gross margin of 45%; For the fourth quarter, sales grew 1% over prior-year period with gross margin of 46% Investments in sales and marketing to win leading market positions in alternative energy and medical market applications impacted operating margin…

MILTON, NY, March 14, 2019 – Sono-Tek Corporation (OTCQX: SOTK) the leading developer and manufacturer of ultrasonic coating systems, today reported preliminary sales of $11.6 million for the fiscal year ended February 28, 2019 (“fiscal 2019”) compared to sales of $11.0 million for the previous fiscal year, an increase of $.6 million or 5%. During…

MILTON, N.Y., January 14, 2019 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fiscal 2019 third quarter and year-to-date period ended November 30, 2018. Financial Highlights Net sales increased 7% to $3.2 million in the quarter and were up 7% to $8.7 million…

Sold highest value machine to date for approximately $1.6 million; solution to be used in precision semiconductor manufacturing process Company also announces preliminary revenue expectations for the first nine months of fiscal 2019 of approximately $8.6 million to $9.0 million, up 5% to 10% over prior-year period Backlog at third quarter end expected to exceed…

MILTON, N.Y., November 16, 2018 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, announced today the appointment of Carol O’Donnell to its Board of Directors. With the addition of Ms. O’Donnell, Sono-Tek’s Board is now composed of eight directors, five of whom are independent. “We are delighted to welcome…

MILTON, N.Y., November 8, 2018 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, announced that it received orders from three new customers in the fuel cell industry for three ultrasonic coating solutions totaling approximately $0.7 million. The first machine is a production-level system for coating the membrane in a…

Backlog grows to $2.0 million driven by Alternative Energy and Medical Markets MILTON, N.Y., October 15, 2018 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fiscal 2019 second quarter and year-to-date period ended August 31, 2018. Financial Highlights Net sales increased 6% to…

First quarter gross margin was 47.1% Operating income increased 53% to $32,000; operating margin expanded 40 basis points to 1.2% Achieved net income of $21,000, up 31% Company expects continued profitable growth for full fiscal year 2019 MILTON, N.Y., July 16, 2018 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating…