Sono-Tek Q2 EPS $0.04 Beats $0.02 Estimate, Sales $5.16M Miss $5.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sono-Tek (NASDAQ:SOTK) reported Q2 earnings per share of $0.04, beating the estimate of $0.02, but sales of $5.16M missed the $5.21M estimate. EPS increased by 33.33% from last year, while sales decreased by 8.46%.
October 15, 2024 | 11:04 am
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NEUTRAL IMPACT
Sono-Tek's Q2 EPS of $0.04 beat expectations, but sales of $5.16M fell short. EPS increased by 33.33% YoY, while sales decreased by 8.46%.
The positive EPS surprise is offset by the sales miss and YoY sales decline, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100