secwatch.observer — SEC 8-K summary
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Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2022-10-17T23:59:59+00:00
Accession:  0001171520-22-000497
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek Q2 FY2023 net sales down 8% to $3.76M; op income falls 60%; backlog up 19% QoQ to $5.05M
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- Q2 net sales $3.763M vs $4.070M YoY; gross margin 50.4% vs 51.0%.
- Operating income dropped 60% to $178K; net income $162K ($0.01 EPS) vs $344K ($0.02 EPS).
- Backlog rose 19% QoQ to $5.049M; clean energy order of $1.1M booked (largest from sector).
- Supply chain delays caused shipments to be deferred; Q4 FY2023 expected to be strongest quarter.
- First-half FY2023 net sales $7.815M (+1%); operating income $558K (-29%) reflecting higher personnel costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152022000497/0001171520-22-000497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152022000497/eps10483.htm
  HTML page:      https://secwatch.observer/filing/0001171520-22-000497

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