Sono-Tek Corporation provided earnings guidance for the fiscal 2022 and revenue guidance for first quarter ending May 31, 2022. Preliminary sales for FY2022 were approximately $17.1 million, compared to sales of $14.8 million for the previous fiscal year, an increase of 16%. Included in FY2022 revenue is a significant order for a six-axis robot sold to a repeat customer in the advanced semiconductor market valued at $1.7 million that was shipped in the fourth quarter. The Company's preliminary estimate of operating income for FY2022 is approximately $1.8 million, a 38% increase over the Company's historic high operating income of $1.3 million that was set in the prior fiscal year.

The company expects to report a greater than 15% increase in revenue for the first quarter of FY2023, ending May 31, 2022, when compared to the first quarter of last fiscal year.