Sono-Tek Reports Sales of $3.48 million in Second Quarter Fiscal 2021 and 50% Increase in Net Income and Provides Second Half FY2021 Sales Guidance
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…