Sono-Tek Corporation Provides Earnings Guidance for the Year Ended February 28, 2021
March 15, 2021 at 08:30 am EDT
Sono-Tek Corporation provided earnings guidance for the year ended February 28, 2021. The Company’s preliminary operating income for the year ended February 28, 2021 is expected to be approximately $1.1 million, matching the Company’s historic high set in the prior fiscal year. The company expected to report revenue increase for the first quarter of fiscal 2022, ending May 31, 2021, of approximately 4-8% over the first quarter of last fiscal year, reflecting the recovery from the impact of the global pandemic among some the Company’s customers.