---
schema_version: "secwatch.filing_event.v1"
accession: "0001171520-23-000279"
form_type: "8-K"
ticker: "SOTK"
cik: "0000806172"
company_name: "SONO TEK CORP"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:29:42.536388+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sono-Tek guides Q2 rev up 40-45% YoY; CEO Coccio to step down Dec 31, recommends Harshbarger

## Summary
- Q2 FY2024 revenue expected 40-45% above prior year; full year growth at least 25%.
- FY2023 revenue $15M (-12% YoY); net income $0.6M; strong gross margins maintained.
- Balance sheet: $12M+ cash, cash equivalents and marketable securities; zero debt at May 31, 2023.
- CEO transition: Dr. Coccio becomes Executive Chairman; recommends Steve Harshbarger as CEO effective Dec 31, 2023.

## SEC filing metadata
- accession: 0001171520-23-000279
- form_type: 8-K
- ticker: SOTK
- cik: 0000806172
- company_name: SONO TEK CORP
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/0001171520-23-000279-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/eps10956_sotk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171520-23-000279
- JSON: https://secwatch.observer/filing/0001171520-23-000279.json
- Plain text: https://secwatch.observer/filing/0001171520-23-000279.txt

## Key facts
- Earnings Releases
  SONO TEK CORP updated its full fiscal year ending February 29, 2024 guidance (initiated).
  - Period: full fiscal year ending February 29, 2024
  - Guidance: initiated
  - Result: guidance update
  source text: we expect the full fiscal year, ending February 29, 2024, to generate revenue growth of at least 25%
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/0001171520-23-000279-index.htm
- Earnings Releases
  SONO TEK CORP reported 2023 fiscal year results: revenue $15 million, net income $0.6 million.
  - Period: 2023 fiscal year
  - Revenue: $15 million
  - Net income: $0.6 million
  - Result: reported results
  source text: Sono-Tek’s 2023 fiscal year business performance maintained its historic strong gross margins and was profitable despite the lingering impact of Covid-19 on our supply chain. Our challenges shipping scheduled backlog in a timely manner caused revenue to decrease 12% to $15 million. Despite the decline, net income for the year was $0.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/0001171520-23-000279-index.htm
- Earnings Releases
  SONO TEK CORP updated its second quarter ending August 31, 2023 guidance (initiated).
  - Period: second quarter ending August 31, 2023
  - Guidance: initiated
  - Result: guidance update
  source text: revenue for the second quarter, ending August 31, 2023, is expected to be strong and approximately 40%-45% above last year’s results
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/0001171520-23-000279-index.htm
- Executive change
  Dr. Coccio departed as Chief Executive Officer at SONO TEK CORP.
  - Action: step down
  - Role: Chief Executive Officer
  source text: Dr. Coccio indicated that he intends to step down as the Company’s Chief Executive Officer effective as of December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/0001171520-23-000279-index.htm
- Executive change
  Steve Harshbarger was appointed as Chief Executive Officer at SONO TEK CORP.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Dr. Coccio further indicated that he intends to recommend that Steve Harshbarger, the Company’s current President and Chief Operating Officer, be appointed as the Company’s Chief Executive Officer as of December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/806172/000117152023000279/0001171520-23-000279-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.