Sono-Tek Holds Annual Shareholders Meeting, Reviews Record Sales and Income in Fiscal Year 2022 and Discusses Potential Impact of Supply Chain Issues
Sono-Tek Corporation (SOTK)
NASDAQ:AMEX Investor Relations:
sono-tek.com/investor-relations
Company Research
Source: GlobeNewswire
MILTON, NY, Aug. 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it held its Annual Shareholders Meeting on August 18, 2022 at the Company’s headquarters in Milton, New York. The results of Fiscal Year 2022, which ended on February 28, 2022, were discussed. During the meeting, Dr. Christopher L. Coccio, Chairman and CEO, highlighted the 2022 fiscal year business performance which reached record levels despite the lingering impact of Covid-19 on Sono-Tek’s customers and markets. Revenue grew to $17.1 million, a 16% increase from the previous fiscal year and the Company’s highest level to date. Net income more than doubled and also reached the highest level to date at $2.5 million. Additionally, Dr. Coccio noted that the financial results for the first quarter of fiscal year 2023 (March-May 2022) were recently reported with an 11% increase in revenue a
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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
SOTK
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