Sono-Tek Corporation reported earnings results for the third quarter and nine months ended November 30, 2023. For the third quarter, the company reported sales was USD 5.69 million compared to USD 3.59 million a year ago. Net income was USD 0.690169 million compared to USD 0.104898 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.
For the nine months, sales was USD 14.93 million compared to USD 11.4 million a year ago. Net income was USD 1.28 million compared to USD 0.572657 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to USD 0.04 a year ago.