Sono-Tek Corporation (NASDAQ:SOTK)

Second Quarter Fiscal 2013 Results

• The company reported sales of $2.5 million, compared to sales of $2.4 million for the prior year period.
• The company reported EPS of $0.01, compared to EPS of $0.00for the prior year period.

Dr. Christopher L. Coccio, Sono-Tek's Chairman and CEO, stated that, "We are pleased to see that there appears to be a continuing strengthening of our business, as viewed from the quarter to quarter proposal backlog, and sales activity that we are experiencing. At our Annual Shareholders Meeting on August 22, 2013, we announced our current year targets at double digit sales growth versus last year, combined with net income in the $500,000 - $1,000,000 range. A video version of the Shareholders Meeting presentation is available on our website at http://www.sono-tek.com/investor-relations/".

The GeoTeam® will track the Sono Tek story due to recent developments that  the Company hopes will reverse recent losses.

• Communicates a goal of bringing the business back to a profitable mode again.
• Sono-Tek Announces Largest Ever Quarterly sales of just under $2,000,000 for the third quarter which ended November 30, 2009, compared to sales of $1,582,000 for the prior year period.
• Expects to report a significant increase in net income to match the sales increase experienced in the third quarter.
• Expects the fiscal year ending on February 28, 2010 to show both double digit sales growth over last year and a profit
• Strong sales backlog two weeks into its fourth quarter.

Source: PR Newswire (December 17, 2009)