secwatch.observer — SEC 8-K summary
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Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001171520-23-000334
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek Q2 net sales record $5.64M (+50% YoY); backlog $10.7M, at least 25% FY revenue growth
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- Net sales $5.639M (+50% YoY); gross profit $2.801M (+48%); operating income $566K (+218%).
- Backlog record $10.7M (+112% YoY, +26% from Feb. 28, 2023) driven by clean energy orders.
- Net income $541K ($0.03 diluted) vs $162K ($0.01) in prior-year quarter.
- No debt; cash & marketable securities $12.3M; customer deposits $3.4M.
- FY2024 guidance: at least 25% revenue growth; capex expected ~$500K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152023000334/0001171520-23-000334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152023000334/eps10994.htm
  HTML page:      https://secwatch.observer/filing/0001171520-23-000334

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