Welcome to our dedicated page for Northern Techn news (Ticker: NTIC), a resource for investors and traders seeking the latest updates and insights on Northern Techn stock.
Northern Technologies International Corporation (NASDAQ: NTIC) is described in its public communications as a developer and marketer of proprietary, environmentally beneficial products and services, with a primary focus on ZERUST corrosion prevention and Natur-Tec bio-based and biodegradable polymer resin compounds. The NTIC news feed on this page aggregates company-issued updates and other coverage related to NTIC stock, giving readers a focused view of how the business and its markets are evolving.
News about NTIC frequently includes quarterly and annual financial results, where the company reports consolidated net sales, ZERUST industrial and ZERUST oil and gas net sales, Natur-Tec net sales, and income from joint venture operations. These releases often highlight record sales in specific product categories or geographies and discuss trends in operating expenses, gross margin, and net income. Investors following NTIC can use these updates to understand how ZERUST and Natur-Tec are contributing to overall performance.
Another recurring theme in NTIC news is dividend announcements. The company has issued press releases declaring quarterly cash dividends at a stated per-share amount, along with record and payment dates. NTIC also regularly announces the timing of its earnings releases and associated conference calls and webcasts, inviting investors, analysts, and other interested parties to hear management review results and outlook.
In addition to financial and dividend news, NTIC publishes updates on business developments, such as multi-year contracts in the oil and gas sector. For example, its majority-owned subsidiary Zerust Brazil has disclosed a multi-year contract to provide corrosion protection solutions for offshore FPSO units. Such items illustrate how NTIC’s ZERUST technology is used in complex industrial and energy applications.
By visiting this NTIC news page, readers can review a chronological record of earnings reports, dividend declarations, contract wins, and other corporate communications related to Northern Technologies International Corporation and its ZERUST and Natur-Tec product lines.
Northern Technologies International (NASDAQ: NTIC) is set to release its fiscal 2024 third-quarter financial results on July 11, 2024, before the market opens.
Following the release, a conference call will be held at 9:00 a.m. Eastern Time with President and CEO Patrick Lynch, and CFO Matt Wolsfeld. The call will review the financial results and outlook, followed by a Q&A session.
Investors and analysts can join the call by registering through the provided URL. A webcast will also be available and archived for one year on NTIC's Investor Relations webpage.
Northern Technologies International (NASDAQ: NTIC) is set to join the Russell 3000 Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective July 1, 2024. This inclusion reflects the company's market capitalization as of April 30, 2024. Membership in the Russell 3000 Index entails automatic inclusion in either the Russell 1000 or Russell 2000 Index, alongside the relevant growth and value style indexes. NTIC's recent growth, highlighted by record second-quarter fiscal 2024 ZERUST® and Natur-Tec® sales, and improved gross margins, underscores the significance of this development. The Russell U.S. Indexes are critical benchmarks for investment managers, with $10.5 trillion in assets tied to them as of December 2023.
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