Company News

Sono-Tek Corporation Tue, February 16, 2021, 8:00 AM MILTON, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced the sale of its 300th ultrasonic coating system for manufacturing fuel cells and electrolyzers. Notably, the 300th machine sale was a large platform electrolyzer…

Sales of $3.83M, Up 4% Year-over-Year; Backlog up 29% from FYE February 29, 2020 MILTON, N.Y., January 15, 2021 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fiscal 2021 third quarter and year-to-date period ended November 30, 2020. Third Quarter Fiscal 2021 Financial Highlights: Sales…

Second quarter revenues increased 4% to $3.48 million; second quarter gross margin was 46.6% versus 46.2% Second quarter net income increased 50% to $178,000 First half FY2021 sales of $6.9 million increased 12% year-over-year; net income of $346,000, more than doubled from the $140,000 reported in the prior year period Backlog increased 45% to $5.1…

MILTON, N.Y., August 11, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has submitted an application to uplist its common stock to the NASDAQ Capital Market. Dr. Christopher L. Coccio, CEO and Chairman of Sono-Tek, commented, “Sono-Tek has a strong financial base, has demonstrated…

MILTON, N.Y., August 12, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced a change in the format and location of its 2020 Annual Meeting of Shareholders. In light of the continued public health concerns regarding the COVID-19 pandemic, and to protect the well-being of our shareholders,…

Order is Among Company’s Largest to Date MILTON, N.Y., July 16, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a significant new order for a 6-axis coating system for the Electronics/Microelectronics industry that is valued at approximately USD $1.5 million. The order…

MILTON, N.Y., July 20, 2020 – Sono-Tek Corporation (OTCQX: SOTK) the leading developer and manufacturer of ultrasonic coating systems, announced with great sorrow that Samuel Schwartz, Board Director and Chairman Emeritus, passed away on July  17, 2020  at the age of 100 years. “We are deeply saddened by the passing of our friend, colleague, and…

Strong backlog of $3,202,000 Achieved net income of $168,000, up 572% Company expects second quarter revenues to increase over last year MILTON, N.Y., July 15, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its first quarter of fiscal year 2021, ended May 31,…

How has COVID-19 affected your business supply chain and your ability to fullfill orders on time? Sono-Tek’s VP of Engineering, Robb Engle, discusses Sono-Tek’s strategy for handling these and more issues for successfully driving business forward during the pandemic. This terrific article and interview in the July 2020 issues of SMT007: http://iconnect007.uberflip.com/i/1253723-smt007-june2020/9 http://smt.iconnect007.com/index.php/article/123557/navigating-the-current-supply-chain/123560/?skin=smt  

Record Yearend Backlog of $3.5 Million for Fiscal Year 2020 Strong demand in leading markets drove a sales increase of 32.3% over fiscal 2019 to $15.3 million with gross margin of 48%, a 240 basis point improvement; For the fourth quarter, sales were up 88% over the prior-year period with gross margin of 48%, a…