Sono-Tek Says We're Expecting At Least 25% Year-Over-Year Growth When We End FY2024 Next February
Portfolio Pulse from Benzinga Newsdesk
Sono-Tek Corporation (SOTK) expects a minimum of 25% year-over-year growth by the end of FY2024 in February. The company's first half net sales grew by 18% YOY, and its backlog reached a record $10.7 million.
October 12, 2023 | 12:18 pm
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Sono-Tek's projected 25% YOY growth and record backlog could positively impact its stock price in the short term.
Sono-Tek's strong growth projections and record backlog indicate a robust financial performance, which could attract investors and drive up the stock price in the short term.
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