Sono-Tek Corporation provided sales guidance for the first quarter of fiscal 2024, ending May 31, 2023 and fiscal year 2024. For the first quarter, the company expects net sales to be slightly below net sales of $3.7 million recorded in the fourth quarter of fiscal 2023 due to remaining supply chain issues.

For the fiscal year 2024, the company expects net sales to post positive growth, as remaining supply chain issues ease and shipments of orders from yearend backlog, including high margin multi-axis systems, resume.