Sono-Tek Corporation announced unaudited earnings results for the third quarter and nine months ended November 30, 2016. The company reported sales of $2,599,104 for the three months ended November 30, 2016, compared to sales of $3,032,457 for the prior year period, a decrease of $433,000 or 14%.  Although not directly reported, a comparison of the three months ended November 30, 2016 to the three months ended August 31, 2016 showed an increase in sales of $289,000 or 13%, continuing an upward trend for this Fiscal Year. The company reported net income of $62,342 for the three months ended November 30, 2016 compared to $243,565 for the prior year period, a decrease of $182,000. Diluted earnings per share were $0.00 compared to $0.02 a year ago. Income from operations before income taxes was $62,342 against $284,697 a year ago.

The company reported net income of $28,460 for the nine months ended November 30, 2016 compared to $541,176 for the prior year period, a decrease of $513,000. Net sales were $7,149,766 against $8,890,027 a year ago. Income from operations before income taxes was $40,460 against $688,044 a year ago. Diluted earnings per share were $0.00 compared to $0.04 a year ago.

The company expects to report continuing profitability in the fourth quarter, based on its current backlog and shipments to date.