Sono-Tek Announces Fiscal Year 2015 Results and Earnings Call

MILTON, N.Y., May 26, 2015 /PRNewswire/  Sono-Tek Corporation (OTCQB: SOTK) today announced sales of $10,849,000 for the fiscal year ended February 28, 2015, compared to sales of $10,279,000 for the previous fiscal year, an increase of 6%. The Company also announced income before taxes of $826,000 versus $615,000 for the previous fiscal year, an increase of 34%. The Company s net income was $606,000 or $.04 per share, compared to $484,000 or $.03 per share for the previous fiscal year.  Sono-Tek is the originator and leading supplier of ultrasonic precision spraying and coating technology serving six distinct end market applications, and has over 45% of its sales to overseas customers in diversified geographies. Commenting on the Company s performance, Dr. Christopher L. Coccio, Chairman and CEO stated, We have continued our long term growth track this year, showing increased sales and net income and increased cash and marketable securities, while making signific
http://bit.ly/1HuY2u1

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: