Navigation Links
Sono-Tek Announces First Quarter Results
Date:7/14/2009

MILTON, N.Y., July 14, /PRNewswire-FirstCall/ -- Sono-Tek Corporation (OTC Bulletin Board: SOTK) today announced sales of $1,465,000 for the three months ended May 31, 2009, compared to sales of $1,621,000 for the prior year period, a decrease of $156,000 or 10%. During the current quarter, sales of fluxer units, nozzles, Widetrack units, spray dryer units and solder recovery systems decreased when compared to the prior year. However, the Company did see an increase in sales of programmable XYZ precision coating units, SonoFlux EZ units, stent coating systems and Hypersonic units (recently released) when compared to the prior year.

The Company incurred a net loss of ($169,427) for the three months ended May 31, 2009, compared to a net loss of ($130,458) for the prior year period. During the quarter, the Company reduced its cash expenditures and operating expenses. These actions had a positive impact on this quarter's net loss. The Company's net use of cash during the current quarter amounted to less than $1,000, and is consistent with its goal to conserve and maintain adequate cash reserves.

Shipments of circuit boards by our customers, to whom we provide spray fluxing equipment, were still lower than previous levels in the US, as they are still being impacted by the recession. However, we are seeing positive signs in other regions, plus strong growth in fuel cell and solar energy applications in the US and abroad. Another promising area has been in the food industry, where we recently reported our first industrial coating sale for the application of flavoring oils to baked goods.

Dr. Christopher L. Coccio, Sono-Tek's Chairman and CEO, reiterated that "Late in the preceding fiscal year, we began to reduce costs with the goal of bringing the business back to a profitable mode again. We have now been able to reduce expenditures that were needed to fulfill the busines
'/>"/>

SOURCE Sono-Tek Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
2. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
3. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
4. HEI, Inc. Announces Sale of RFID Division Assets
5. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
6. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
7. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
8. Brooke Franchise Corporation Announces Selected July Results
9. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
10. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Adipex-P(R)
11. Planet Technologies Announces Agreement to Acquire Antigen Laboratories
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/1/2015)... ... July 01, 2015 , ... ... of Hospital Corporation of America (HCA), as it further expands its Strategic Alliance ... , With this new partnership, OncLive’s editorial and marketing teams will collaborate ...
(Date:7/1/2015)... Tenn. (PRWEB) , ... July 01, 2015 , ... The ... held rain or shine Saturday, July 11, 2015, at 6 p.m. in Pugh Bourne ... free and includes pony rides, a petting zoo, an Elvis impersonator, a silent auction ...
(Date:7/1/2015)... ... July 01, 2015 , ... “Well-meaning social policy often has ... in FIU’s School of International and Public Affairs. , The researchers ... the National Survey on Drug Use and Health, which is a nationally representative ...
(Date:7/1/2015)... ... July 01, 2015 , ... Element Blue ... announced today that it has received trademark protection for its SensorInsight® computer software ... of data from multiple sources providing an environment where users can view and ...
(Date:7/1/2015)... ... July 01, 2015 , ... ... summer sale. Customers purchasing two or more Bunion Booties directly from their ... , Bunion Bootie temporarily corrects misaligned toes and its ultra thin properties allow ...
Breaking Medicine News(10 mins):Health News:OncLive® Welcomes Sarah Cannon Cancer Network to Its Strategic Alliance Partnership Program 2Health News:OncLive® Welcomes Sarah Cannon Cancer Network to Its Strategic Alliance Partnership Program 3Health News:Researchers find that medical marijuana laws increase recreational marijuana use among juveniles 2Health News:Element Blue Receives Trademark Protection from U.S. Patent and Trademark Office for Its Award Winning SensorInsight® Software 2Health News:Element Blue Receives Trademark Protection from U.S. Patent and Trademark Office for Its Award Winning SensorInsight® Software 3Health News:Element Blue Receives Trademark Protection from U.S. Patent and Trademark Office for Its Award Winning SensorInsight® Software 4Health News:Bunion Bootie, the #1 Non-Surgical Treatment for Bunion Pain, Announces Their Big Summer Sale 2
... PHYSICIAN COMPENSATION AND PRODUCTIVITY SURVEY ... by Sullivan, Cotter and Associates, Inc., CHICAGO, ... published its 2007 Physician Compensation and Productivity Survey,Report, ... The survey,report outlines: base salary, total cash compensation ...
... Potential Achieve Milestones in Quarter, SAN JOSE, Calif., ... EROX) ("HPS" or "the Company") today,announced results for the ... compared with $365,000 in the prior year period,resulted in ... compared with a net,income of $49,000 ($.01 per share) ...
... CALGARY, Nov. 13 /PRNewswire-FirstCall/ - The Westaim Corporation,announced ... 2007, it,recorded a net loss of $17.1 million or ... the same quarter last year, the company recorded a ... on revenues of $8.2 million. In the third ...
... Wake Forest University Baptist Medical Center suggests that age ... transplant and that using donated kidneys that would ... organ shortage among older adults. , In the recent ... for both organ donation and transplantation, said Phillip Moore, ...
... the presence or absence of two proteins may be important ... of the proteins, called ErbB-4, is important for the growth ... The second protein, called Wwox, is a tumor suppressor ... is missing in many breast cancers. Scientists dont yet understand ...
... ... 7 p.m., NORFOLK, Va., Nov. 13 Anthem Blue Cross ... Finalist and,Virginia native Elliott Yamin and music legend Gloria Gaynor to ... event that,will feature tennis stars James Blake, Serena Williams, Mardy Fish ...
Cached Medicine News:Health News:Compensation Decreases Indicated for Physicians 2Health News:Compensation Decreases Indicated for Physicians 3Health News:Human Pheromone Sciences Announces Third Quarter Results 2Health News:Human Pheromone Sciences Announces Third Quarter Results 3Health News:Human Pheromone Sciences Announces Third Quarter Results 4Health News:Westaim announces 2007 third quarter results 2Health News:Westaim announces 2007 third quarter results 3Health News:Westaim announces 2007 third quarter results 4Health News:Higher-risk kidneys may help solve organ shortage facing older adults 2Health News:Higher-risk kidneys may help solve organ shortage facing older adults 3Health News:2 proteins may be survival markers in some breast cancers 2Health News:2 proteins may be survival markers in some breast cancers 3Health News:American Idol Star Elliott Yamin and Music Legend Gloria Gaynor To Perform at AnthemLIVE! 2Health News:American Idol Star Elliott Yamin and Music Legend Gloria Gaynor To Perform at AnthemLIVE! 3
(Date:7/1/2015)... N.J. , July 1, 2015  Celsion Corporation ... today announced that Michael H. Tardugno , Chairman, ... Cantor Fitzgerald,s Inaugural Healthcare Conference on Wednesday, July 8, ... held at Le Parker Meridien Hotel located at 119 ... 10019. A copy of the presentation ...
(Date:7/1/2015)... , July 1, 2015 ... study Stationary Oxygen Concentrators Market Shares, Strategy, ... poised to achieve continuing growth as the aging population ... and other respiratory conditions where oxygen is able to ... manner. Portable devices have become affordable and support a ...
(Date:7/1/2015)... , July 1, 2015 New exchange plan ... of 2015 compared to the same time a year ... Scripts (NASDAQ: ESRX ) Exchange Pulse™ report, released ... of 2014, the number of new exchange plan enrollees ... percent in the first quarter of 2015. However, when ...
Breaking Medicine Technology:Celsion Corporation to Present at Cantor Fitzgerald's Inaugural Healthcare Conference on July 8, 2015 2Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc. 2Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc. 3Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc. 4Express Scripts Provides First Look at 2015 Public Exchange Pharmacy Trends 2Express Scripts Provides First Look at 2015 Public Exchange Pharmacy Trends 3Express Scripts Provides First Look at 2015 Public Exchange Pharmacy Trends 4Express Scripts Provides First Look at 2015 Public Exchange Pharmacy Trends 5
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: