secwatch.observer — SEC 8-K summary
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Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2021-07-13T23:59:59+00:00
Accession:  0001171520-21-000294
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek reports Q1 FY2022 sales up 6% to $3.64M; backlog up 14% to $4.38M
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- Q1 sales $3.64M (+6% YoY); gross margin 50.0% (up 450 bps); operating income $343K (+86%).
- Net income ex-PPP forgiveness $261K (+56%); diluted EPS $0.02 vs $0.01 prior year.
- Backlog $4.38M, up 13.7% from Feb 2021; no debt; cash and equivalents $9.3M at quarter-end.
- Guidance: Q2 FY2022 expects double-digit sales increase; FY2022 projects highest annual sales ever.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152021000294/0001171520-21-000294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152021000294/eps9718.htm
  HTML page:      https://secwatch.observer/filing/0001171520-21-000294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer