Sono-Tek Corporation (NASDAQ:SOTK) Q4 2024 Results Conference Call May 23, 2024 9:30 AM ET

Company Participants

Kirin Smith - PCG Advisory
Dr. Chris Coccio - Chairman, Chief Executive Officer
Steve Harshbarger - President, Chief Operating Officer
Steve Bagley - Chief Financial Officer

Conference Call Participants

Bill Nicklin - Circle N Advisors
Dick Ryan - Oak Ridge Financial

Operator

Good day, and welcome to the Sono-Tek Year-end Fiscal Year 2024 Earnings Conference Call. [Operator Instructions]. Please note this event is being recorded.

I would now like to turn the conference over to Mr. Kirin Smith with PCG Advisory. Please go ahead, sir.

Kirin Smith

Thank you, operator, and thank you, everyone, for joining us today. Sono-Tek released their fourth quarter and full year of fiscal 2024 results at 7:00 a.m. Eastern Time this morning. If you do not have a copy of the release, please go to the company's website at sono-tek.com and click the press release, news tab in the Investors section. The product to market and geography sales tables on the last page of the release will be part of today's discussion. With me on the call today are Dr. Chris Coccio, Sono-Tek's Executive Chairman; Steve Harshbarger, CEO and President; and Steve Bagley, Chief Financial Officer.

Before turning the call over to management, I would like to make the following remarks concerning forward-looking statements. Please note that various remarks that may be made on this conference call about future expectations, plans and prospects for the company constitute forward-looking statements for the purposes of safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may vary materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the company's filings with the SEC. The company assumes no obligation to update the information contained in this conference call.

I would now like to turn the call over to Dr. Chris Coccio, Executive Chairman of Sono-Tek. Chris, please go ahead.

Dr. Chris Coccio

Good morning, and thank you, Kirin, and thank you, everyone, for joining us. Today, we're going to discuss our fourth quarter and full year of fiscal year 2024 results that were released this morning before the market opened. I will begin with some opening remarks, and then Steve Bagley, our Chief Financial Officer, will provide a financial review. Steve Harshbarger, our new CEO and President, will then go through the business and operational results. Following his comments, we'll open the call for your questions. As a reminder, Sono-Tek currently holds 2 earnings calls per fiscal year. This is our full year call for the 12 months ended February 29, 2024. Our next earnings call will be for the 6 months of fiscal 2025, and that will be in October of 2024. As many of you already know, and for those that are new to Sono-Tek, the company developed a revolutionary method of applying precision thin film coating several decades ago. This proprietary technology involves the use of our advanced high-frequency ultrasonic muscles, and they are incorporated into specialty motion control systems.