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Sono-Tek Corporation - $SOTK STOCK NEWS

Welcome to our dedicated page for Sono-Tek Corporation news (Ticker: $SOTK), a resource for investors and traders seeking the latest updates and insights on Sono-Tek Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sono-Tek Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sono-Tek Corporation's position in the market.

Rhea-AI Summary
Sono-Tek Corporation expects revenue growth of at least 25% in FY 2024 as supply chain issues ease. Second-quarter revenue is expected to be 40%-45% above last year's results. Sono-Tek's strong balance sheet with over $12 million in cash and zero debt positions the company for strategic opportunities. The semiconductor, medical device, and clean energy sectors are driving Sono-Tek's solid outlook. CEO transition announced with Steve Harshbarger being promoted to Chief Executive Officer.
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Sono-Tek Corporation

Nasdaq:SOTK

SOTK Rankings

SOTK Stock Data

77.94M
12.15M
16.34%
47.92%
0.05%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States of America
MILTON

About SOTK

founded in 1975 by dr. harvey berger, inventor of the ultrasonic nozzle, sono-tek designs and manufactures precision ultrasonic spray nozzle systems used for thin film coating, spray drying, moisturizing, web coating, fine line and selective coating applications. ultrasonic coating systems are used in energy (fuel cell and solar cell), electronics (pcb fluxing), semiconductor (photoresist coatings), medical device coatings (implantable stents, balloon catheters, blood collection tubes, medical textiles and diagnostic device coatings), glass manufacturing, textiles, industrial, food, and nanotechnology coating applications. our ultrasonic nozzle systems operate by converting high frequency sound waves into mechanical vibrations to create nano to micron think coatings with very high uniformity and excellent transfer efficiency, minimizing overspray of expensive chemistries. the droplets produced by ultrasonic atomization are mathematically defined according to the nozzle's operating fr