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 (NTIC) delivers innovative corrosion prevention and sustainable material solutions through its ZERUST® and Natur-Tec® brands. This news hub provides investors and industry professionals with essential updates on NTIC’s global operations, product developments, and market strategies.
Access timely reports on quarterly earnings, technical breakthroughs in biodegradable polymers, and strategic partnerships across 65+ countries. Our curated collection features official press releases and third-party analyses, offering a balanced perspective on NTIC’s environmental technologies and industrial services.
Key updates include advancements in corrosion control for automotive/energy sectors, expansions in compostable packaging materials, and regulatory developments affecting sustainable manufacturing. Bookmark this page for streamlined tracking of NTIC’s progress in merging material science with ecological responsibility.
Northern Technologies International (NASDAQ: NTIC), a developer of corrosion inhibiting products and bio-based biodegradable polymer resin compounds, has declared a quarterly cash dividend. The Board of Directors announced a dividend of $0.01 per share, which will be paid on May 14, 2025, to shareholders of record as of April 30, 2025.
Northern Technologies International (NTIC) reported challenging Q2 fiscal 2025 results with notable declines across key metrics. Consolidated net sales decreased 8.5% to $19.07 million, with ZERUST® industrial sales down 3.7%, ZERUST® oil and gas sales falling 28.5%, and Natur-Tec® sales declining 11.8%. Only NTIC China showed growth, increasing 8.1% to $3.74 million.
The company's profitability metrics weakened, with gross profit margin dropping 440 basis points to 35.6%. Net income attributable to NTIC fell significantly to $434,000 ($0.04 per diluted share) from $1.7 million ($0.17 per diluted share) in the prior year. The company received a one-time Employee Retention Credit payment of $1.14 million.
In response to these headwinds, NTIC announced a reduction in its quarterly dividend to $0.01 per share and is focusing on debt reduction. Management expects a rebound in Natur-Tec® and ZERUST® oil and gas sales in the second half of the fiscal year.
Northern Technologies International (NASDAQ: NTIC) has scheduled the release of its fiscal 2025 second-quarter financial results for Thursday, April 10, 2025, before market opening. The company will host a conference call and webcast on the same day at 9:00 a.m. Eastern Time.
CEO Patrick Lynch and CFO Matt Wolsfeld will review the quarterly results and outlook, followed by a Q&A session. Participants must pre-register to join the live call and ask questions. The audio webcast will be accessible through the company's investor relations webpage, with a replay available for approximately one year.
Northern Technologies International (NASDAQ: NTIC), a developer of corrosion inhibiting products and bio-based polymer resin compounds, has announced a quarterly cash dividend of $0.07 per share. The dividend will be payable on February 12, 2025, to shareholders of record as of the close of business on January 29, 2025.
Northern Technologies International (NTIC) reported its Q1 fiscal 2025 results with consolidated net sales increasing 5.7% to a record $21,338,000. Natur-Tec® product sales showed strong growth of 22.8% to $5,863,000, while ZERUST® industrial and oil & gas segments saw modest increases of 0.4% and 0.7% respectively.
Gross profit margin improved by 200 basis points to 38.3%. However, operating expenses increased 14.0% to $9,470,000, primarily due to investments in ZERUST® oil and gas infrastructure. Net income decreased to $561,000 ($0.06 per diluted share) compared to $896,000 ($0.09 per diluted share) in the previous year. The company maintained a strong balance sheet with working capital of $22,183,000 and $5,570,000 in cash and cash equivalents as of November 30, 2024.
Northern Technologies International (NASDAQ: NTIC) has announced it will release its fiscal 2025 first-quarter financial results on Thursday, January 9, 2025, before market opening. The company will host a conference call with management at 9:00 a.m. Eastern Time on the same day.
President and CEO Patrick Lynch and CFO Matt Wolsfeld will review the company's Q1 financial results and outlook, followed by a Q&A session. Participants must register to join the live call and ask questions. An audio-only webcast will be available, and a replay will be accessible for approximately one year on NTIC's investor relations webpage.
Northern Technologies International (NTIC) reported financial results for Q4 and fiscal year 2024. Full-year consolidated net sales increased 6.5% to $85,060,000, with record sales in ZERUST® oil and gas (+18.3%) and Natur-Tec® products (+20.9%). Gross profit margin improved by 490 basis points to 39.7%. Net income attributable to NTIC increased 85.7% to $5,409,000, with earnings per diluted share of $0.55. The company maintained a strong balance sheet with working capital of $23,682,000. Joint venture operating income decreased 18.6% to $9,475,000, primarily due to challenging European market conditions.
Northern Technologies International (NASDAQ: NTIC) announced it will release its fiscal 2024 fourth-quarter financial results on Tuesday, November 19, 2024, before market opens. The company will host a conference call with management at 9:00 a.m. Eastern Time on the same day. CEO Patrick Lynch and CFO Matt Wolsfeld will review the financial results and outlook, followed by a Q&A session. Participants must register to join the live call, and an audio webcast will be available with replay access for approximately one year on NTIC's investor relations webpage.
Northern Technologies International (NASDAQ: NTIC), a developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, has announced a quarterly cash dividend. The company's Board of Directors has declared a dividend of $0.07 per share, which will be payable on November 13, 2024. Shareholders who are on record at the close of business on October 30, 2024, will be eligible to receive this dividend.
Northern Technologies International (NASDAQ: NTIC), a developer of corrosion inhibiting products and bio-based polymer resin compounds, has declared a quarterly cash dividend of $0.07 per share. The dividend will be payable on August 14, 2024, to shareholders of record at the close of business on July 31, 2024. This announcement demonstrates NTIC's commitment to returning value to shareholders and may indicate confidence in the company's financial stability and future prospects.
