Sono-Tek Reports Fiscal Second Quarter Financial Results and Record First Half 2026 Revenue - Reports Sixth Consecutive Quarter of Revenue over $5 million Highlighted by 150% Annual Increase in Medical Market Sales- -Fiscal First Half Net Income Increases 35%- -Backlog Increased 50% Sequentially Reflecting New Order Momentum- -Updates FY26 Guidance Reflecting Improved Outlook, Anticipating Modest Revenue Growth with Increasing Demand in the Medical Device Market- -Conference Call Today at 10:30 am ET- MILTON, N.Y., Oct. 14, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: SOTK), the leading develo...
Sono-Tek Wins $2.8 Million Order for Advanced Medical Device Coating Systems MILTON, N.Y., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a purchase order valued at over $2.8 million from a major U.S.based medical device manufacturer.This order, placed by an existing customer which is ramping up production, includes multiple advanced ExactaCoat MD (Medical Device) systems. The ExactaCoat MD systems include expanded capabilities compared to Sono-Tek’s previousl...
Sono-Tek Announces Fiscal Second Quarter and First Half 2026 Earnings Conference Call Conference Call on Tuesday, October 14, 2025 at 10:30 am ET MILTON, N.Y., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that the Company will hold a conference call to discuss its fiscal second quarter and first half 2026 financial results, ended August 31, 2025, on Tuesday, October 14, 2025 at 10:30 am ET. The second quarter and first half FY 2026 financial results press release will be issu...
Sono-Tek Wins Order for Medical Device Coating Systems Valued at Over $5 Million MILTON, N.Y., Sept. 03, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it has received a multi-million dollar purchase order, valued at over $5 million, for coating systems to be used in the production of a medical device. The order includes multiple state-of-the-art MediCoat systems designed for high-precision, scalable manufacturing. Deliveries under this order are expected to commence in calendar year 2026 and will be co...
A director at International Flavors & Fragrances Inc bought 15,450 shares at 64.802USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over t...
Sono-Tek Reports First Quarter FY 2026 Financial Results - Reports Fifth Consecutive Quarter of Revenue above $5 million, Driven by Completion of $2.95 Million Order to Advanced Solar Market - Gross Margins Expand to 52% on Completion of High ASP Order; Operating Income Increases 103% Year over Year - Expects Continued Revenue Growth and Profitability in First Half of FY 2026; Full-Year Revenue Outlook Reflects Measured Expectations Given Potential Customer Response to Policy Shifts in Recently Enacted Budget Legislation MILTON, N.Y., July 10, 2025 (...
Sono-Tek Receives $1.12 Million Order from Global Medical Diagnostics Company for High-Volume Coating Platform MILTON, N.Y., June 23, 2025 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), a leading developer of ultrasonic precision coating systems, today announced that it has received a $1.12 million order from a long-standing customer in the medical diagnostic testing industry. The customer, a global manufacturer of medical diagnostic platforms, has partnered with Sono-Tek for nearly a decade, deploying over ten of the company’s mid-size ultrasonic coating systems, typically ran...
We hosted a call on Monday that covered our analysis of the impact of the FCC inquiries on spectrum values, and how this could change if the Company files for Chapter 11 protection. We hosted the call with Jeff Carlisle who is perhaps the leading expert on matters that sit at the intersection of telecom policy and bankruptcy. We got more questions than we could answer in the time we had, and so we covered the questions we didn’t get to in this note.
Today EchoStar filed an 8-K announcing that they would not make a scheduled interest payment on DBS secured and unsecured bonds. As with the skipped interest payment at EchoStar, this triggers a 30-day grace period after which DBS will be in default. A default at DBS would also trigger a default at Dish Network Corp., based on cross-default protections in Dish Network Corp. bonds. Our quick thoughts in this (very) brief note.
Since Friday’s announcement that SATS is not making an interest payment, triggering a 30-day period that could lead to a SATS voluntary Chapter 11 proceeding, we have been in numerous talks with investors about the most notorious bankruptcy case involving the FCC and a telecom company, NextWave. In this note we quickly summarize the key lessons of that case for investors analyzing the potential implications of a SATS bankruptcy proceeding.
As previously discussed, earlier this month, the FCC opened two proceedings that could adversely affect SATS. The opening round of filings in those proceedings ended earlier this week. In this note we review the filings to update our analysis of the likely outcome.
There are two inquiries underway: one on the validity of the buildout extension; one exploring potential sharing in the MSS spectrum. In the first inquiry, only three parties filed in opposition – VTel, SpaceX, and SFP. The SFP filing alleges that EchoStar used “slight-of-hand” to meet buildout commitments. In the second inquiry, there were several filings from satellite companies that would like access to the spectrum (as one might expect). Our quick reaction in this brief note.
EchoStar filed an 8-K this morning claiming that the recent FCC public notices concerning its licenses have created uncertainty, limiting its ability to continue the buildout. In addition, they disclosed strong adds in April, which is consistent with comments made by Verizon today and others at recent events. Our quick thoughts in this (very) brief note.
Sono-Tek Reports Strong Fiscal Year 2025 Financial Results -Reports Fourth Consecutive Quarter of Revenue above $5 million -FY 2025 Revenue Growth of 4% YOY - Backlog Remains Strong at $8.6 Million - Projecting Continued Revenue Growth and Profitability in the First Half of Fiscal Year 2026 -Conference Today at 11:00 am ET MILTON, N.Y., May 28, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for the fiscal year 2025, ended February 28, 2025. Dr. Chris...
Earlier in the week we outlined the paths that the FCC is likely to take regarding SATS spectrum and how it could impact the monetization of those assets. Our analysis did not, however, discuss how the FCC Wireless Bureau public notice could affect the spectrum assets for which SATS has certified that it has met the FCC obligations but for which the FCC has not yet confirmed the certification. In this quick update, we address how the FCC process might affect SATS’ rights regarding that spectru...
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