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July 06, 2015 12:15 AM ET

Electronic Equipment, Instruments and Components

Company Overview of Sono-Tek Corp.

Company Overview

Sono-Tek Corporation develops, manufactures, sells, installs, and services ultrasonic spray coating equipment using ultrasonic liquid atomizing nozzles technology worldwide. The company operates through two segments, Ultrasonic Spray Coating Systems and Real Estate Operations. 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, including SonoFlux 2000F for electronic circuit board manufacturers to apply solder flux to fixed width circuit boards; Sono...

2012 Route 9W

Milton, NY 12547

United States

Founded in 1975

53 Employees

Phone:

845-795-2020

Fax:

845-795-2720

Key Executives for Sono-Tek Corp.

Chairman and Chief Executive Officer
Age: 74
Total Annual Compensation: $178.8K
President and Director
Age: 47
Total Annual Compensation: $205.0K
Chief Financial Officer
Age: 52
Total Annual Compensation: $154.4K
Vice President of Food Business Development and Director
Age: 66
Total Annual Compensation: $126.7K
Compensation as of Fiscal Year 2015.

Sono-Tek Corp. Key Developments

Sono-Tek Announces Sale of New High Tech Ultrasonic Spray Coating Machinery in Advanced Food Manufacturing Process

Sono-Tek Corporation announced the recent sale of micronic thin film spray coating process equipment to a major global food manufacturer with numerous plants overseas. The sale is valued at $360,000. The manufacturer has the potential of purchasing an additional system every 12 to 18 months as part of a planned multi-year roll out of the new technology for all of its manufacturing sites.

Sono-Tek Corporation Announces Earnings Results for the Year Ended February 28, 2015; Provides Sales Guidance for the Year 2020

Sono-Tek Corporation announced earnings results for the year ended February 28, 2015. The company's sales were $10,849,000 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 $0.04 per share, compared to $484,000 or $0.03 per share for the previous fiscal year. The company targets $20,000,000 or greater in revenues by 2020.

Sono-Tek Corp., 2015 Earnings Call, May 27, 2015

Sono-Tek Corp., 2015 Earnings Call, May 27, 2015

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