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CORRECTING and REPLACING – Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025
SOTKSono-Tek (SOTK) GlobeNewswire News Room·2024-07-11 14:45

Three Months Ended May 31, Change Net Sales GrossProfitGrossMarginEquipmentrelatedbacklogatMay31,2024wasGross Profit Gross Margin Equipment related backlog at May 31, 2024 was7.69 million, compared to backlog of 9.08millionatFebruary29,2024,adecreaseof9.08 million at February 29, 2024, a decrease of 1.39 million or 15.4%. Combined equipment and service-related backlog at May 31, 2024 was 7.83million,comparedtoequipmentandservicerelatedbacklogof7.83 million, compared to equipment and service related backlog of 9.28 million at February 29, 2024, a decrease of 1.5millionor161.5 million or 16%. Cash, cash equivalents and marketable securities at quarter-end were 12.2 m ...