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Sono-Tek Corporation (SOTK)
NASDAQ:SOTK
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Earnings Data
Report Date
May 22, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.02Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 14, 2019
|% Change Since: 0.00%
|Next Earnings Date:Oct 16, 2018
Earnings Call Sentiment|Positive
Sono-Tek's earnings call demonstrated strong growth and strategic success, especially in the clean energy sector, with record backlog and significant order sizes. Despite challenges in certain geographical regions and market segments, the company's investments and strategic shifts are yielding positive results.Company Guidance
During the earnings call for Sono-Tek's fiscal second quarter and first half of 2025, the company reported a 10% increase in total sales, reaching approximately $10.2 million, largely driven by the delivery of three integrated coating systems totaling $2.19 million to the clean energy sector. The backlog increased by 26% to a record $11.7 million, signaling strong future prospects, particularly in clean energy applications such as solar cells and carbon capture. Despite an 8% decrease in net sales for the quarter compared to the previous year, sequential growth of 3% aligned with prior guidance. The company also saw a 13% increase in net income for the first half, reflecting strategic investments in high ASP systems. As Sono-Tek continues to focus on production applications and new markets, it anticipates sustained growth and profitability for the full fiscal year 2025.Record Backlog and Largest Orders in History
Sono-Tek reported a record backlog of $11.7 million, a 26% increase from the end of last year and the highest in the company's history. Additionally, they received two orders of $2.95 million each, the largest in Sono-Tek's history.
Significant Growth in Clean Energy Sector
Sales to the alternative clean energy market grew by 37% in Q2 over the prior year quarter and 80% in the first 6 months compared to the prior year. This growth is driven by transitions from R&D to production scale systems.
10% Revenue Growth in First Half
Sono-Tek experienced a 10% growth in revenue for the first half of fiscal year 2025, strongly influenced by the clean energy sector.
Increased Investments Paying Off
Investments in R&D and market expansion have resulted in higher average selling prices for systems and expanded market reach.
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SOTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SOTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 13, 2025 | $3.92 | $3.77 | -3.83% |
| Oct 15, 2024 | $4.31 | $4.48 | +3.94% |
| Jul 11, 2024 | $3.90 | $4.10 | +5.13% |
| May 23, 2024 | $4.80 | $4.79 | -0.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sono-Tek Corporation (SOTK) report earnings?
Sono-Tek Corporation (SOTK) is schdueled to report earning on May 22, 2025, TBA Not Confirmed.
What is Sono-Tek Corporation (SOTK) earnings time?
Sono-Tek Corporation (SOTK) earnings time is at May 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SOTK EPS forecast?
SOTK EPS forecast for the fiscal quarter 2025 (Q4) is 0.02.
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