earnings
confidence high
sentiment positive
materiality 0.65
Sono-Tek confirms FY2022 record sales guidance after annual meeting
SONO TEK CORP
- FY2021 revenue $14.8M, net income $1.1M; Q1 FY2022 revenue +6%, net income +56% YoY.
- Expects Q2 FY2022 revenue gains and record full-year sales based on backlog and quotes.
- Focus on semiconductor, medical device, and clean energy industries as growth drivers.
- Shareholders elected four directors, ratified Friedman LLP as auditor, approved executive comp.