Northern Techn Stock Price, News & Analysis

Northern Technologies International Corporation (NASDAQ: NTIC) will release its fiscal 2021 third quarter financial results on July 8, 2021, before market opening. A conference call is scheduled for the same day at 9:00 a.m. Eastern Time, where management will discuss financial results and outlook followed by a Q&A session. Interested participants can access the live audio webcast through the NTIC Investor Relations website. NTIC's primary focus is on corrosion prevention products, with a significant market presence in over 60 countries.

Northern Technologies International Corporation (NASDAQ: NTIC) declared a quarterly cash dividend of $0.065 per share, payable on May 19, 2021, to shareholders of record as of May 5, 2021. The company specializes in corrosion prevention products, marketed primarily under the ZERUST brand, and has over 40 years of experience in this sector. NTIC operates in more than 60 countries, providing environmentally beneficial products and technical consulting services.

Northern Technologies International Corporation (NASDAQ: NTIC) reported Q2 fiscal 2021 results, showing a consolidated net sales decrease of 3.4% to $12,783,000 compared to the prior year. Key highlights include a 14.1% increase in ZERUST® net sales to $10,284,000 and a significant 46.9% surge in NTIC China net sales. Net income soared by 629.9% to $1,313,000, translating to $0.13 per diluted share. The company maintains a strong balance sheet with no debt and $12,702,000 in cash and equivalents, despite challenges in Natur-Tec® and oil & gas markets.

Northern Technologies International Corporation (NASDAQ: NTIC) will announce its fiscal 2021 second-quarter financial results on April 8, 2021, prior to market opening. A conference call led by CEO Patrick Lynch and CFO Matt Wolsfeld will follow at 9:00 a.m. ET to review these results and provide an outlook.

The conference call can be accessed via toll-free dial-in at (877) 670-9776, with confirmation code 6287462. Investors are encouraged to register ahead for the live audio webcast available on NTIC's website. The company specializes in corrosion prevention products and services under the ZERUST® brand.

Northern Technologies International Corporation (NASDAQ: NTIC) reinstated a quarterly cash dividend of $0.065 per share, payable on February 17, 2021, to shareholders of record by February 3, 2021. This decision reflects NTIC's renewed commitment to its shareholders amidst stabilizing global markets following the COVID-19 pandemic. President and CEO G. Patrick Lynch expressed confidence in the company's ability to drive sales and earnings growth in fiscal 2021 and beyond, emphasizing a focus on employee safety and product supply during challenging times.

Northern Technologies International Corporation (NASDAQ: NTIC) reported a 12.7% decrease in consolidated net sales, totaling $12,779,000, for the first quarter of fiscal 2021 compared to the same period last year. Despite this, net income increased by 4.1% to $1,262,000, with a consistent EPS of $0.13. Strong performance in NTIC China saw net sales rise 17.7% to a record $4,544,000. The company's balance sheet remains robust with no debt and $13,336,000 in cash. However, guidance remains cautious amid ongoing uncertainty from the COVID-19 pandemic.

Northern Technologies International Corporation (NASDAQ: NTIC) is set to announce its fiscal 2021 first quarter financial results on January 7, 2021, before market opening. A conference call will follow at 9:00 a.m. ET, led by President Patrick Lynch and CFO Matt Wolsfeld, reviewing financial outcomes and offering an outlook for the future. Interested parties can access the live audio webcast or join via a toll-free dial-in. NTIC specializes in corrosion prevention solutions and environmentally beneficial products globally.

Northern Technologies International Corporation (NASDAQ: NTIC) reported its fourth quarter and fiscal year results for 2020, showing a 14.5% decrease in consolidated net sales to $47.6 million. The COVID-19 pandemic significantly impacted financial performance, with a net loss of $1.34 million for the year. ZERUST® sales fell by 9.7%, while NTIC China achieved record sales, up 2.9%. The company maintains a strong balance sheet with no debt and $6.4 million in cash. A one-time tax adjustment contributed to the losses reported.

Northern Technologies International Corporation (NASDAQ: NTIC) will release its fiscal 2020 fourth quarter financial results on November 12, 2020, before market opening. A conference call is scheduled for the same day at 9:00 a.m. ET, featuring CEO Patrick Lynch and CFO Matt Wolsfeld discussing the results and future outlook. Investors can access the live audio webcast via the company’s Investor Relations webpage. NTIC specializes in environmentally beneficial products, primarily in corrosion prevention through its ZERUST® brand, and operates in over 60 countries.