Sono-Tek Misses Revenue and Earnings Estimates Despite Strong Medical Market Growth
In its Q2 earnings report, Sono-Tek (NASDAQ: SOTK) reported GAAP EPS of $0.02 per share, missing the consensus estimate by $0.02. The company's revenue came in at $5.23 million for the quarter, below expectations and down from previous estimates. Despite this underperformance overall, sales within the medical market segment surged 209% year-over-year to $3.11 million, driven primarily by increased shipments of balloon coating systems and specialty stent-coating systems. Sono-Tek reaffirmed its full-year FY27 outlook despite missing both top-line and bottom-line estimates in Q2. The company highlighted strong performance from the medical market as a key growth driver but did not provide further details on challenges affecting broader revenue or earnings results for the quarter.
Tickers: $SOTK
Topics: earnings medical market growth revenue miss
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