Sono-Tek Q3 In-Line Coating Systems Sales Surge Over 20 Times to USD 1.8 Million

Reuters
2026.01.13 12:01
portai
I'm PortAI, I can summarize articles.

Sono-Tek Corporation (SOTK) reported a significant increase in Q3 sales, reaching USD 5.0 million, with a gross margin of 50%. Net income for the quarter was USD 1.2 million, with earnings per share at USD 0.08. For the nine-month period, net sales totaled USD 15.3 million, and the backlog hit a record USD 12.3 million. The company maintains its fiscal 2026 guidance, expecting modest revenue growth.