July 25, 2014 12:03 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Sono-Tek Corp.

Company Overview

Sono-Tek Corporation develops, manufactures, and sells ultrasonic liquid atomizing nozzles. Its ultrasonic nozzle systems atomize low to medium viscosity liquids by converting electrical energy into mechanical motion in the form of ultrasonic vibrations that break liquids into minute drops that can be applied to surfaces at low velocity. The company offers various spray fluxer products that comprise SonoFlux 2000F, which is used by electronic circuit board manufacturers to apply solder flux to fixed width circuit boards; SonoFlux EZ that is designed to be used by original equipment manufacturers (OEM) or contract manufacturers of electronic circuit assemblies; and SonoFlux Servo, which provi...

2012 Route 9W

Milton, NY 12547

United States

Founded in 1975

54 Employees

Phone:

845-795-2020

Fax:

845-795-2720

Key Executives for Sono-Tek Corp.

Chairman and Chief Executive Officer
Age: 73
Total Annual Compensation: $212.9K
President and Director
Age: 46
Total Annual Compensation: $203.7K
Chief Financial Officer and Principal Accounting Officer
Age: 51
Total Annual Compensation: $152.5K
Vice President of Food Business Development and Director
Age: 65
Total Annual Compensation: $126.7K
Compensation as of Fiscal Year 2014.

Sono-Tek Corp. Key Developments

Sono-Tek Corp. Reports Unaudited Earnings Results for the First Quarter Ended May 31, 2014

Sono-Tek Corp. reported unaudited earnings results for the first quarter ended May 31, 2014. The company announced sales of $2,421,000 for the three months ended May 31, 2014, compared to sales of $2,374,000 for the prior year period, an increase of $47,000 or 2%. The current quarter's increase was significant against a backdrop of a slower US economy in that time period, a situation which appears to have turned around, with second quarter orders coming in at a higher pace than the first quarter and the comparative quarter last year. The company reported net income of $67,000 for the three months ended May 31, 2014, compared to $74,000 for the prior year period, a decrease of $7,000. The modest decrease is primarily attributable to increased costs year over year.

Sono-Tek Corp. Announces Earnings Results for the Fourth Quarter and Full Year Ended Feb. 28, 2014; Provides Sales Guidance for the First Quarter Ended May 2014

Sono-Tek Corp. announced earnings results for the fourth quarter and full year ended Feb. 28, 2014. For the quarter, the company reported net sales of $2,716,941, operating income of $99,825, net income of $134,049 or $0.01 per basic and diluted share compared to net sales of $2,109,138, operating income of $12,706, net income of $36,150 or $0.00 per basic and diluted share a year ago. For the year, the company reported net sales of $10,278,938, operating income of $718,571, net income of $484,474 or $0.03 per basic and diluted share compared to net sales of $9,542,353, operating income of $150,609, net income of $132,251 or $0.01 per basic and diluted share a year ago. For the first quarter ended May 2014, the company expects sales to be above last year's first quarter.

Sono-Tek Corp. Presents at Third Annual Marcum MicroCap Conference, May-29-2014 11:30 AM

Sono-Tek Corp. Presents at Third Annual Marcum MicroCap Conference, May-29-2014 11:30 AM. Venue: Grand Hyatt New York, 109 East 42nd Street, New York, NY 10017, United States. Speakers: Christopher L. Coccio, Chairman and Chief Executive Officer, R. Stephen Harshbarger, President and Director.

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