Sono-Tek Posts Stronger Q1 Earnings, Citing Medical Sector Momentum

Sono-Tek Corporation (SOTK) recorded a year-over-year increase in first-quarter net income, the company said.

The maker of ultrasonic coating equipment posted net earnings of $0.741 million, or $0.05 per diluted share, compared with $0.484 million, or $0.03 per share, in the prior-year period.

Quarterly revenue rose 10.3% to $5.661 million from $5.132 million a year earlier.

For the first half of the fiscal year, Sono-Tek expects continued revenue growth and profitability, fueled by expanding demand in the medical sector and ongoing adoption of its high-value production-scale coating systems across multiple end markets.

Looking further ahead, the company anticipates fiscal 2027 revenue to be roughly flat to slightly above fiscal 2026, when it reported net sales of $20.9 million.

Source link