secwatch.observer — SEC 8-K summary
======================================

Issuer:     SONO TEK CORP (SOTK)
CIK:        0000806172
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001171520-24-000329
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sono-Tek Q2 revenue up 3% sequentially; backlog hits record $11.7M; H1 net income +13% YoY
--------------------------------------------------------------------------------

- Q2 net sales $5.2M (-8% YoY, +3% seq); meets 2-5% growth guidance. Net income $341K ($0.02/sh), down 37% YoY.
- First-half FY2025 revenue $10.2M (+10% YoY); net income $672K (+13% YoY); gross margin 49%.
- Record backlog $11.7M, up 7% YoY and 50% sequentially, driven by clean energy and electronics orders.
- Two high-ASP integrated coating systems shipped to a large solar customer valued at $1.46M in Q2.
- Cash $11.6M, no debt; expects continued revenue growth for full FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/806172/000117152024000329/0001171520-24-000329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/806172/000117152024000329/eps11568.htm
  HTML page:      https://secwatch.observer/filing/0001171520-24-000329

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