Sono-Tek Corporation Q1 Revenue Increases 10%, Operating Income Surges 86%
SOTK•Sono-Tek Corporation reported Q1 FY2027 EPS of $0.05, up from $0.03 last year, meeting analyst expectations. Revenue rose 10% year-over-year to $5.66 million, gross margin expanded to 57%, operating income jumped 86% to $897,000, and cash reached $16.65 million with zero debt.
1. Financial Results
Sono-Tek Corporation reported Q1 FY2027 earnings per share of $0.05, up from $0.03 a year ago and in line with analyst forecasts. Revenue climbed 10% year-over-year to $5.66 million, reflecting growth in key markets for ultrasonic coating systems.
2. Profitability Improvements
Gross margin expanded to 57% from 52% year-over-year, driving operating income up 86% to $897,000. Net income rose 53% to $741,000, underscoring improved operational efficiency and cost management.
3. Strengthened Balance Sheet
The balance sheet shows $16.65 million in cash with zero debt, supporting financial flexibility. Backlog stands at $7.73 million and the current ratio is 4.37, indicating strong liquidity and capacity to fund future growth.
