Sono-Tek’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Sono Tek is a designer, manufacturer and supplier of ultrasonic coating systems used for applying thin film coatings. Read more

Sono Tek is a designer, manufacturer and supplier of ultrasonic coating systems used for applying thin film coatings. Read more

Christopher Coccio's photo - Chairman & CEO of Sono-Tek

Chairman & CEO

Christopher Coccio

CEO Approval Rating

70/100

Founded:

1975

Status:

PublicOtherSOTK

TOP COMPETITORS OR ALTERNATIVES

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USI is Sono-Tek's biggest rival. USI was founded in Haverhill, Massachusetts} in null. USI operates in the industry. Compared to Sono-Tek, USI generates $ less revenue.

Gillison's Variety Fabrication is Sono-Tek's #2 rival. Gillison's Variety Fabrication's headquarters is in Benzonia, Michigan, and was founded in null. Gillison's Variety Fabrication competes in the Agricultural & Farm Machinery field. Gillison's Variety Fabrication generates 312% of Sono-Tek's revenue.

AccuJet is Sono-Tek's #3 competitor. AccuJet was founded in null in , . AccuJet operates in the industry. AccuJet generates $ less revenue than Sono-Tek.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$13.9M

Sono-Tek's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 23.3M. Over the last four quarters, Sono-Tek's revenue has decreased by 5.2%. Specifically, in Q3 2020's revenue was $3.5M; in Q2 2020, it was $3.4M; in Q1 2020, it was $11.9M; in Q4 2019, Sono-Tek's revenue was $3.7M.

Acquisitions

No recent acquisitions found related to Sono-Tek

Sono-Tek Funding History

$1M

Since Sono-Tek was founded in 1975, it has participated in 1 round of funding. In total Sono-Tek has raised $1.0M. Sono-Tek's funding round was on Apr 2020 for a total of $1.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$1M

M&T Bank

Total Funding: $1M

Since Sono-Tek was founded in 1975, it has participated in 1 round of funding. In total Sono-Tek has raised $1.0M. Sono-Tek's funding round was on Apr 2020 for a total of $1.0M

Investments

No recent investments found related to Sono-Tek

Sono-Tek News

August 20, 2020MarketScreener

Sono-Tek Holds Annual Shareholders Meeting and Provides Sales Guidance for Remainder of Fiscal Year 2021

(marketscreener.com) MILTON, N.Y., Aug. 20, 2020 -- via NEWMEDIAWIRE -- Sono-Tek Corporation , the le... See more »
August 20, 2020Picante Today

Sono-Tek Holds Annual Shareholders Meeting and Provides Sales Guidance for Remainder of Fiscal Year 2021

MILTON, N.Y., Aug. 20, 2020 (GLOBE NEWSWIRE) - via NEWMEDIAWIRE - Sono-Tek Corporation (OTCQX: SOTK),... See more »
July 22, 2020Markets Insider

Sono-Tek Announces $1.6 Million Order for the Advanced Textiles Industry | Markets Insider

Order is the Largest System for the Textile Industry to DateMILTON, NY, July 22, 2020 (GLOBE NEWSWIRE... See more »
July 22, 2020Zolmax News

Sono-Tek Co. (OTCMKTS:SOTK) to Post Q2 2021 Earnings of $0.00 Per Share, Colliers Secur. Forecasts

Sono-Tek Co. (OTCMKTS:SOTK) - Equities research analysts at Colliers Secur. issued their Q2 2021 earn... See more »
July 15, 2020Picante Today

Sono-Tek Sales Grew 22% to $3.43 million in First Quarter Fiscal 2021

Strong backlog of $3,202,000 Achieved net income of $168,000, up 572% Company expects second quarter ... See more »
June 5, 2020Zolmax News

Sono-Tek Co. (OTCMKTS:SOTK) Forecasted to Post Q1 2021 Earnings of ($0.01) Per Share

Sono-Tek Co. (OTCMKTS:SOTK) - Dougherty & Co issued their Q1 2021 earnings per share estimates for So... See more »
June 2, 2020Picante Today

Sono-Tek to Present at the Virtual Summer Investor Summit on Tuesday, June 9th at 10:20am ET

MILTON, N.Y., June 02, 2020 (GLOBE NEWSWIRE) - via NEWMEDIAWIRE - Sono-Tek Corporation (OTCQX: SOTK),... See more »

Sono-Tek Press Releases

April 21, 2020NewMediaWire

Sono-Tek to Receive $1.0 million Paycheck Protection Program Loan Under the U.S. CARES Act

MILTON, NY - (NewMediaWire) - April 21, 2020 - Sono-Tek Corporation (OTCQX: SOTK), the leading develo... See more »
March 25, 2020StreetInsider

Sono-Tek Announces Preliminary Revenue for Fiscal 2020 of $15.4 Million, 32% Year-over-Year Increase and Provides First Quarter 2021 Revenue Guidance

Preliminary Net Income is Expected to Reach ~$1.0 Million, a 5-Fold Increase MILTON, NY, March 24, 2... See more »
March 23, 2020Accesswire

Sono-Tek to Present at the New York City based Investor Summit on March 25th-26th

MILTON, NY / ACCESSWIRE / March 23, 2020 / Sono-Tek Corporation (OTCQX: SOTK), the leading developer ... See more »
November 25, 2019GlobalNewswire

Sono-Tek Corporation Selects PCG Advisory for Investor Relations and Strategic Communications

MILTON, NY, Nov. 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Sono-Tek Corp. (OTCQX: SOTK), the le... See more »
July 30, 2019PR Newswire

Sono-Tek Corporation Announces Business Development Program to Expand Milton, NY Facilities

MILTON, N.Y., July 30, 2019 /PRNewswire/ -- Sono-Tek Corporation (OTCQX: SOTK), the leading developer... See more »
January 14, 2019StreetInsider

Sono-Tek Reports 7% Sales Growth and Record Backlog in Third Quarter Fiscal 2019 and Provides Sales Guidance

MILTON, N.Y.--(BUSINESS WIRE)-- Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufac... See more »
January 14, 2019Business Wire

Sono-Tek Reports 7% Sales Growth and Record Backlog in Third Quarter Fiscal 2019 and Provides Sales Guidance

MILTON, N.Y.--(BUSINESS WIRE)--Sono-Tek (OTCQX:SOTK) reports 7% sales growth and record backlog in th... See more »

Sono-Tek Videos

August 22, 2014SONO-TEK YOUTUBE CHANNEL

"Ice Bucket ALS Sono Tek" on YOUTUBE

March 25, 2014SONO-TEK YOUTUBE CHANNEL

"ECHO" on YOUTUBE

ECHOSono-Tek's ECHO Ultrasonic Generator provides the high frequency electrical energy required to op... See more »
March 17, 2014SONO-TEK YOUTUBE CHANNEL

"MediCoat DES3000" on YOUTUBE

MediCoat DES3000The MediCoat DES3000 is our newest turn-key solution for the development of processes... See more »
March 17, 2014SONO-TEK YOUTUBE CHANNEL

"MediCoat DES3000" on YOUTUBE

Social Statistics

Headquarters

2012 Route 9W

Milton, New York12547

1-845-795-2020

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Summary

ABOUT

Overview

Sono Tek is a designer, manufacturer and supplier of ultrasonic coating systems used for applying thin film coatings. Sono-Tek was founded in 1975. Sono-Tek's headquarters is located in Milton, New York, USA 12547. It has raised 1.0M in 1 round. The l...

CEO

Sono-Tek's Chairman & CEO, Christopher Coccio, currently has an approval rating of 70%. Sono-Tek's primary competitors are USI, Gillison's Variety Fabrication & AccuJet.

Website

sono-tek.com

Frequently Asked Questions about Sono-Tek

  1. When was Sono-Tek founded?

    Sono-Tek was founded in 1975
  2. Who is Sono-Tek's CEO?

    Sono-Tek's CEO is Christopher Coccio
  3. How much revenue does Sono-Tek generate?

    Sono-Tek generates $13.9M in revenue
  4. How much funding does Sono-Tek have?

    Sono-Tek has historically raised $1M in funding
  1. Where is Sono-Tek's headquarters?

    Sono-Tek's headquarters is in Milton New York, USA
  2. How many employees does Sono-Tek have?

    Sono-Tek has 68 employees
  3. Who are Sono-Tek's competitors?

    Sono-Tek's top competitors are USI, Gillison's Variety Fabrication, AccuJet