Sono-Tek Announces $600K Multi-System Order From Innovative Medical Technology Customer, First Part of Expected Multi-Phase Program
Sono-Tek Corporation (SOTK)
NASDAQ:AMEX Investor Relations:
sono-tek.com/investor-relations
Company Research
Source: GlobeNewswire
Order Expected to be Shipped in Current Fiscal Year MILTON, NY, March 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a $0.6 million order from a medical device manufacturer, the first part of an expected multi-phase program for additional machines. The $0.6 million multi-system order is from an existing customer that previously purchased several identical Sono-Tek machines to manufacture its products and is now continuing to ramp up capacity to meet growing customer demand. The innovative medical technology company worked with Sono-Tek’s application engineers to perfect the coating process that applies proprietary thin films onto a critical drug delivery device. Sono-Tek anticipates shipping the order in FY2024, the current fiscal year that ends February 28, 2024. Steve Harshbarger, President and COO, commented, “We’re excited to announc
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News
- Sono-Tek Announces Preliminary Net Sales for Q4 and FY2024 and Provides Preliminary Sales Guidance for Q1 FY2025 and FY2025 [Yahoo! Finance]Yahoo! Finance
- Sono-Tek Announces Preliminary Net Sales for Q4 and FY2024 and Provides Preliminary Sales Guidance for Q1 FY2025 and FY2025GlobeNewswire
- Sono-Tek Welcomes Dr. Adeniyi Lawal to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Sono-Tek Welcomes Dr. Adeniyi Lawal to Board of DirectorsGlobeNewswire
- Sono-Tek to Present at The LD Micro Invitational XIV [Yahoo! Finance]Yahoo! Finance
SOTK
Earnings
- 1/16/24 - Beat
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Sec Filings
- 4/8/24 - Form 8-K
- 4/5/24 - Form 3
- 4/3/24 - Form 8-K
- SOTK's page on the SEC website