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…
Sono-Tek Corporation (OTCQX: SOTK) filed the following press release on 5/24/2018: 20180524 SOTK Q4 FY18 Earnings Release FINAL Safe Harbor Statement This news release contains forward looking statements regarding future events and the future performance of Sono-Tek Corporation that involve risks and uncertainties that could cause actual results to differ materially. These factors include, among…
MILTON, N.Y., Jan. 3, 2018 /PRNewswire/ — Sono-Tek Corporation (OTCQX:SOTK) is pleased to announce the development of a new coating technology – Ultrastatic Enhanced Spray Coating (“ESC”). This unique deposition technology was jointly developed by Sono-Tek Corporation and SAMES KREMLIN, France. Ultrastatic ESC is available for special early release to research institutions as an option…
Bennett Bruntil, Director of Electronics and Advanced Energy, was recently interviewed by MEMS Journal to dicuss ultrasonic spray in comparison to high speed spin coating for MEMS and other precision semiconductor wafers with difficult to coat aspect ratios. The interview discusses market trends as well as the unique challenges Sono-Tek has overcome in depositing uniform…
