Sono Site (SONO) Reports Q4FY2009 In Line With Consensus Estimates

Sono Site Inc (NYSE: SONO) reported preliminary Q42009 revenue of $69 million, in line with the consensus estimate.

Sidoti & Company, LLC’s analyst Gregory R. Brash said in a note that he is particularly encouraged by the 8% rise in international sales (flat constant currency), versus his projection of an 8% decline & added that the NanoMaxx launch likely contributed to the better results. U.S. sales came in lower than expected on a significant decline in military sales. The management stated that U.S. direct sales increased sequentially and strong bookings at year-end offer renewed optimism for 2010.