Sono-Tek reported Q1 GAAP EPS of $0.03 and revenue of $5.13M, up 2% YoY. Net sales were driven by strong shipments to the Alternative/Clean Energy Market, marking the fifth consecutive quarter of growth in this area.
Sono-Tek Corporation (Nasdaq: SOTK) reported its first-quarter fiscal year 2026 financial results, showcasing continued revenue growth and improved profitability. The company's Q1 GAAP EPS was $0.03, while revenue reached $5.13 million, marking a 2% year-over-year increase [1].
The company's net sales were driven by strong shipments to the Alternative/Clean Energy Market, which saw a 42% year-over-year increase to $966,000. This growth marks the fifth consecutive quarter of sales over $5 million, highlighting Sono-Tek's consistent performance in this sector [1].
Key highlights of Sono-Tek's Q1 results include:
- Gross Profit: Increased 9% to $2.7 million, primarily due to a favorable product mix and a high ASP order.
- Operating Income: Increased 103% to $483,000, driven by higher gross profit and lower operating expenses.
- Net Income: Increased 47% to $485,000, reflecting a combination of higher gross profit and lower operating expenses.
The company expects continued revenue growth and strong profitability for the first half of fiscal year 2026, driven by shipments from its backlog and ongoing strength in key markets such as medical devices. However, Sono-Tek remains cautious about its full-year outlook due to uncertainty related to governmental clean energy incentives and evolving tariff policies [1].
References:
[1] https://www.marketscreener.com/quote/stock/SONO-TEK-CORPORATION-120787545/news/Sono-Tek-Reports-First-Quarter-FY-2026-Financial-Results-50478762/
Comments
No comments yet