Sono-Tek: Q3 Earnings Insights

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Sono-Tek SOTK reported its Q3 earnings results on Tuesday, January 16, 2024 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Sono-Tek beat estimated earnings by 100.0%, reporting an EPS of $0.04 versus an estimate of $0.02.

Revenue was up $2.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 1.79% drop in the share price the next day.

Here's a look at Sono-Tek's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.05 0 0.01 0.01
EPS Actual 0.03 0 0 0.01
Revenue Estimate 5.62M 3.56M 4.00M 3.80M
Revenue Actual 5.64M 3.60M 3.66M 3.59M

To track all earnings releases for Sono-Tek visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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SOTKSono-Tek Corp
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