Growing Demand for Proton-Exchange Membrane Fuel Cells Driving Growth of Market MILTON, NY, July 07, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced the launch of a new program for the development of Roll-to-Roll coating equipment for the manufacturing of high…
Backlog Increased 9.5% Year-over-Year MILTON, NY, May 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fourth quarter and fiscal year 2021, ended February 28, 2021 (“fiscal 2021”). Fiscal 2021 Highlights Backlog on February 28, 2021 was…
Sono-Tek Corporation Tue, February 16, 2021, 8:00 AM MILTON, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced the sale of its 300th ultrasonic coating system for manufacturing fuel cells and electrolyzers. Notably, the 300th machine sale was a large platform electrolyzer…
Sales of $3.83M, Up 4% Year-over-Year; Backlog up 29% from FYE February 29, 2020 MILTON, N.Y., January 15, 2021 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fiscal 2021 third quarter and year-to-date period ended November 30, 2020. Third Quarter Fiscal 2021 Financial Highlights: Sales…
Second quarter revenues increased 4% to $3.48 million; second quarter gross margin was 46.6% versus 46.2% Second quarter net income increased 50% to $178,000 First half FY2021 sales of $6.9 million increased 12% year-over-year; net income of $346,000, more than doubled from the $140,000 reported in the prior year period Backlog increased 45% to $5.1…
MILTON, N.Y., August 11, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has submitted an application to uplist its common stock to the NASDAQ Capital Market. Dr. Christopher L. Coccio, CEO and Chairman of Sono-Tek, commented, “Sono-Tek has a strong financial base, has demonstrated…
MILTON, N.Y., August 12, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced a change in the format and location of its 2020 Annual Meeting of Shareholders. In light of the continued public health concerns regarding the COVID-19 pandemic, and to protect the well-being of our shareholders,…
Order is Among Company’s Largest to Date MILTON, N.Y., July 16, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a significant new order for a 6-axis coating system for the Electronics/Microelectronics industry that is valued at approximately USD $1.5 million. The order…
MILTON, N.Y., July 20, 2020 – Sono-Tek Corporation (OTCQX: SOTK) the leading developer and manufacturer of ultrasonic coating systems, announced with great sorrow that Samuel Schwartz, Board Director and Chairman Emeritus, passed away on July 17, 2020 at the age of 100 years. “We are deeply saddened by the passing of our friend, colleague, and…
Strong backlog of $3,202,000 Achieved net income of $168,000, up 572% Company expects second quarter revenues to increase over last year MILTON, N.Y., July 15, 2020 – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its first quarter of fiscal year 2021, ended May 31,…
