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Nocopi Technologies, Inc. - NNUP STOCK NEWS

Welcome to our dedicated news page for Nocopi Technologies (Ticker: NNUP), a resource for investors and traders seeking the latest updates and insights on Nocopi Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nocopi Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nocopi Technologies's position in the market.

Rhea-AI Summary
Nocopi Technologies, Inc. (OTC: NNUP) announced its third quarter results for 2023, reporting a 16.2% decrease in revenue compared to 2022 Q3, largely due to lower license and royalty revenue. However, product and other sales increased by 84.7% in the quarter. Gross profit margin decreased to 46.1% due to lower dollar contribution from license and royalty and increased raw material prices. Operating expenses increased to $944,800, resulting in a pretax loss of $613,900. Nocopi completed a $5M equity offering in September, positioning the company for future growth.
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Nocopi Technologies completes private placement, raising $5 million
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13.43%
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Nocopi Technologies, Inc. announced executive leadership changes and its Q2 2023 results. Michael A. Feinstein, M.D. will retire as CEO and Chairman of the Board, with Michael S. Liebowitz named as his successor. Q2 total revenue increased 17% to $599,200 compared to the previous year. Gross profit increased to $370,200, with a gross profit margin of 62%. Operating expenses decreased by 48% to $319,700. Pretax earnings for the quarter were $50,500, and net income was $79,100.
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0.33%
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Nocopi Technologies, Inc.

OTC:NNUP

NNUP Rankings

NNUP Stock Data

30.98M
3.47M
68.99%
0%
Paint and Coating Manufacturing
Manufacturing
Link
United States
King of Prussia

About NNUP

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