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An announcement from Sono-Tek ( (SOTK) ) is now available.
Sono-Tek Corporation reported financial results for the third quarter and nine months of fiscal 2025, highlighting a consistent revenue stream exceeding $5 million for the third consecutive quarter and a 3% year-over-year growth in the first nine months. Despite lower sales in certain regions, the company maintained a strong backlog of $10.6 million, with expectations for over $20 million in revenue and continued profitability for the fiscal year, driven by increased demand in the alternative/clean energy market and advancements in multi-axis coating systems.
More about Sono-Tek
Sono-Tek Corporation is a leading developer and manufacturer of ultrasonic coating systems, primarily serving markets in alternative/clean energy, medical, and industrial sectors.
YTD Price Performance: -10.49%
Average Trading Volume: 18,277
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $61.82M
Find detailed analytics on SOTK stock on TipRanks’ Stock Analysis page.
