Sono-Tek to Present at the Q1 Virtual Investor Summit on Tuesday, March 23rd at 10:00am EST
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Sono-Tek to Present at the Q1 Virtual Investor Summit on Tuesday, March 23rd at 10:00am EST
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Sono-Tek Announces Preliminary Revenue and Operating Income for Fiscal Year 2021 and Provides First Quarter FY2022 Revenue Guidance
March 15, 2021 08:30 ET | Source: Sono-Tek Corporation Sono-Tek Corporation
Record Revenue Growth Expected for Fiscal Year 2022
MILTON, NY, March 15, 2021 (GLOBE NEWSWIRE) via NewMediaWire – Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced preliminary sales and operating income for the fiscal year ended February 28, 2021.
Preliminary sales for the fiscal year ended February 28, 2021 were approximately $14.9 million, compared to sales of $15.4 million for the previous fiscal year, a decrease of 4
%. The Company’s preliminary operating income for the year ended February 28, 2021 is expected to be approximately $1.1 million, matching the Company’s historic high set in the prior fiscal year.
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MENLO PARK, Calif., March 3, 2021 /PRNewswire/ ArchiTek Corporation today announces AiOnIc , its first in-house created chip based on the proprietary ArchiTek Intelligence
® Pixel Engine (aIPE) architecture. The ArchiTek Intelligence architecture is at the forefront of Edge AI processors currently in development around the world. In a NEDO funded project
[1] using SLAM, an application essential for self-driving vehicles,
[2] AiOnIc reduces processing time to 1/20th of the speed of general purpose CPUs. Similarly, when performing OpenPose, an algorithm that calculates skeleton and pose estimation, AiOnIc achieves operating speeds approximately four times faster compared to that of the world s leading GPUs.