Sono-Tek: Q3 Earnings Insights

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.

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.

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.

Earnings Calendar