Sono-Tek is seeing strong growth in medical applications, and a solid sales outlook of modest growth or flat sales for the rest of the FY. Customer concentration remains high at SOTK, with 52% of sales from two customers. In general, products need to get validated for momentum to continue. On the other hand, the success in higher ASP sales and in the sorts of things sold in the medical vertical could lend itself to follow-on sales.
Sono-Tek Corporation ( SOTK ) Q2 2027 Earnings Call October 14, 2026 10:30 AM EDT Company Participants Christopher Coccio - Executive Chairman R. Harshbarger - President, CEO & Director Stephen Bagley - Chief Financial Officer Conference Call Participants Kirin Smith - ProActive Capital Group, LLC Bill Nicklin Richard Ryan - Oak Ridge Financial Services Group Inc., Research Division Edward Jackson - Northland Capital Markets, Research Division Sam Dufault - Oak Ridge Financial Services Group Inc., Research Division Gregory Weaver - Invicta Capital Management, LLC Jason Ursaner - Bumbershoot Holdings Corp. Presentation Operator Good day, everyone, and welcome to the Sono-Tek Corporation Fiscal Year 2027 Midyear Results Conference Call.
Sono-Tek NASDAQ: SOTK reported fiscal 2027 first-half revenue growth, wider gross margins and higher profitability, led by a sharp increase in medical-market sales and demand for higher-value production systems. Management also highlighted recent order activity that it said provides increased visibility into fiscal 2028.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Michael Snyder Beaumont Financial Advisors LLC | 36,671 | $235,428 | $189,955.78 | -$45,472.22 | -19.31% |
Hui Fai Tam Caitong International Asset Management Co. Ltd. | 2 | $10.5 | $10.62 | $0.12 | 1.14% |
| Automobile Components Industry | Consumer Discretionary Sector | R. Stephen Harshbarger CEO | NASDAQ (CM) Exchange | 835483108 CUSIP |
| US Country | 84 Employees | - Last Dividend | 11 Apr 1989 Last Split | 6 May 1987 IPO Date |
Sono-Tek Corporation is a pioneering company with a specialized focus on designing and manufacturing state-of-the-art ultrasonic coating systems. These innovative systems are widely used across several industries, including microelectronics/electronics, alternative energy, medical, and various industrial sectors, as well as in research and development domains globally. Founded in 1975 and headquartered in Milton, New York, Sono-Tek has carved a niche for itself by creating custom-engineered ultrasonic coating systems alongside its standard product offerings. The company takes pride in its ability to provide advanced surface coating solutions and in-depth application consulting services. It ensures a wide reach for its products and services through a strategic mix of direct sales personnel, select independent distributors, and skilled sales representatives.
In addition to these products, Sono-Tek is committed to offering top-notch surface coating solutions accompanied by comprehensive application consulting services. This holistic approach ensures that clients not only receive state-of-the-art equipment but also benefit from expert guidance on optimizing their coating processes for enhanced outcomes.