|Day's Range||1.07 - 1.12|
|52 Week Range||0.94 - 1.38|
|PE Ratio (TTM)||555.00|
|Earnings Date||Jul 12, 2017 - Jul 17, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MILTON, N.Y., May 25, 2017 /PRNewswire/ -- Sono-Tek Corporation (OTC QX: SOTK) today announced sales of $9,725,000 for the fiscal year ended February 28, 2017 compared to sales of $11,834,000 for the previous ...
MILTON, N.Y., March 17, 2017 /PRNewswire/ -- Sono-Tek Corporation (SOTK) today announced preliminary sales of $9,725,000 for the fiscal year ended February 28, 2017, compared to sales of $11,834,000 for the previous fiscal year, a decrease of $2,109,000 or 18%. However, during fiscal year 2017, the Company showed positive revenue gains in each quarter when compared to a slow first quarter. The current year's sales decrease was primarily due to decreases in sales of float glass line coating equipment, combined with a strong U.S. dollar and slower sales to China. Some of the Company's opportunities in China have been negatively impacted by China's 2015 implementation of a "China First" policy that focuses on developing internal companies and products with government assistance to create technology that competes with foreign suppliers.
Categories: Yahoo Finance Get free summary analysis Sono-Tek Corp. reports financial results for the quarter ended November 30, 2016. Highlights Summary numbers: Revenues of USD 2.60 million, Net Earnings of USD 0.06 million. Gross margins narrowed from 48.35% to 47.69% compared to the same period last year, operating (EBITDA) margins now 6.94% from 13.36%. Change in operating cash ... Read more (Read more...)