On Tuesday 15th October 2024, Sono-Tek (NASDAQ: SOTK) will be releasing its second quarter financial results. This much awaited announcement will be made before market open.
In accordance with the predictions of financial analysts on Wall Street, the firm is on track to report an expected per share of $0.02 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $5.21 million for this quarter.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.03. This was a direct result of the company's total revenue, which amounted to an impressive $5.64 million during that specific period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $21.03 million. In addition, they anticipate the company to report profit of $0.08 per share for the fiscal year.
The previous trading day saw Sono-Tek (SOTK) shares trading between $4.01 and $4.20, besides a volume of 15.50 thousand shares. The stock closed Friday's regular trading session at $4.05, marking 2.41 percent decline.
