secwatch.observer — SEC 8-K summary
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Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001171520-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek reports record Q3 net sales of $5.7M (+59% YoY); net income up 557% to $690K
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- Record Q3 net sales $5,690K (+59% YoY); gross margin 51% steady; operating income up 600% to $721K.
- Net income $690K ($0.04 diluted EPS) vs $105K ($0.01) in prior year; 557% increase.
- Backlog $10.4M (+96% YoY); cash and equivalents $12.6M; no debt on balance sheet.
- Full-year FY2024 revenue guidance raised to ~30% growth, a record high.
- Sales growth driven by Alternative/Clean Energy (+189%) and Medical (+53%) markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152024000020/0001171520-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152024000020/eps11091_sotk.htm
  HTML page:      https://secwatch.observer/filing/0001171520-24-000020

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