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Northern Techn - NTIC STOCK NEWS

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About Northern Technologies International Corporation (NTIC)

Northern Technologies International Corporation (NTIC) is a global innovator in environmentally beneficial material science, specializing in the development and commercialization of sustainable products and services for industrial and consumer applications. Headquartered in Minnesota, USA, NTIC operates through two primary business segments: ZERUST® and Natur-Tec®, each addressing critical needs in corrosion prevention and biodegradable materials, respectively.

Core Business Areas

ZERUST®: Corrosion Prevention Solutions

NTIC's ZERUST® segment is a cornerstone of its business, offering a range of advanced rust and corrosion inhibiting products and services. These solutions cater to industries such as automotive, electronics, electrical, mechanical, military, and retail consumer markets. ZERUST® products are widely recognized for their effectiveness in extending the lifecycle of metal components, machinery, and structures. NTIC also provides on-site technical consulting, enabling clients to customize corrosion prevention strategies tailored to their specific needs. The ZERUST® oil and gas division has further expanded NTIC's reach, delivering specialized solutions for challenging environments in the energy sector.

Natur-Tec®: Bio-Based and Biodegradable Solutions

Under the Natur-Tec® brand, NTIC develops and markets a portfolio of bio-based and compostable polymer resin compounds and finished products. These environmentally friendly materials are designed to meet the growing demand for sustainable alternatives to traditional plastics. Natur-Tec® products find applications in packaging, food service, and other consumer goods, aligning with global efforts to reduce plastic waste and promote compostable solutions.

Business Model and Global Reach

NTIC employs a unique business model that combines direct sales with a robust network of subsidiaries, joint ventures, distributors, and agents. This approach enables the company to operate in over 65 countries, leveraging local expertise to penetrate diverse markets effectively. Joint ventures play a pivotal role in NTIC's international strategy, providing access to regional markets while maintaining operational flexibility. The company’s focus on niche markets and its commitment to innovation have positioned it as a trusted partner for businesses seeking sustainable and high-performance solutions.

Competitive Differentiation

NTIC differentiates itself through its proprietary technologies, a strong emphasis on sustainability, and a proven track record of delivering value-added solutions. The company’s corrosion prevention products are backed by decades of research and development, while its Natur-Tec® line addresses the urgent need for eco-friendly materials in a rapidly evolving regulatory landscape. Additionally, NTIC’s technical consulting services enhance its value proposition, offering clients tailored solutions that address specific challenges.

Industry Significance

As a pioneer in clean and green technologies, NTIC plays a critical role in advancing sustainability across multiple industries. Its innovative solutions not only help businesses reduce environmental impact but also improve operational efficiency and product longevity. By addressing global challenges such as corrosion and plastic waste, NTIC contributes to a more sustainable future while maintaining a strong commercial focus.

Conclusion

Northern Technologies International Corporation exemplifies the integration of environmental stewardship with industrial innovation. Through its ZERUST® and Natur-Tec® segments, the company continues to deliver cutting-edge solutions that meet the evolving needs of its global customer base. With a commitment to sustainability, technical expertise, and a collaborative business model, NTIC is well-positioned as a leader in environmentally beneficial material science.

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Northern Technologies International (NASDAQ: NTIC) declares a quarterly cash dividend of $0.07 per share, reinforcing shareholder value and financial stability.
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Northern Technologies International (NASDAQ: NTIC) reported strong financial results for the second quarter of fiscal 2024, showing significant growth in net sales, gross profit, and net income. The company achieved record sales in various product categories, with a notable increase in ZERUST® oil and gas sales and Natur-Tec® product sales. NTIC's joint venture operating income also saw a positive growth. The company's focus on cost reduction and operational efficiency is driving profitability improvements and positive cash flow generation. Overall, NTIC anticipates continued sales growth and enhanced profitability for fiscal 2024.
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Northern Technologies International (NASDAQ: NTIC) will release its fiscal 2024 second quarter financial results on April 11, 2024, followed by a conference call with management. Investors can access the news release and webcast on NTIC's webpage.
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Northern Technologies International Corporation (NTIC) declared a quarterly cash dividend of $0.07 per share, payable on February 14, 2024, to shareholders of record at the close of business on January 31, 2024.
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Northern Technologies International Corporation (NTIC) reported its financial results for the first quarter of fiscal 2024, showing a 1.1% increase in consolidated net sales to a record of $20,182,000. The company experienced stable demand across its ZERUST® industrial and Natur-Tec markets, with an increase in gross margin and net income. However, ZERUST® oil and gas net sales decreased by 7.4% to $1,502,000, and NTIC China net sales decreased by 1.8% to $3,679,000. The joint venture operating income decreased by 0.8% to $2,351,000, and operating expenses as a percent of net sales increased to 41.2% from 39.6% in the same period last fiscal year.
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Northern Technologies International Corporation (NTIC) expects to release its fiscal 2024 first quarter financial results on January 11, 2024, before the market opens. The company will also hold a conference call with management to review the financial results and outlook, followed by a question-and-answer session. Investors, analysts, and other interested parties can access the news release and webcast on NTIC's Investor Relations webpage.
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Northern Technologies International Corporation (NTIC) reported a 7.7% increase in consolidated net sales to a record of $79,903,000 for the fiscal year ended August 31, 2023. The company's ZERUST® industrial net sales increased 2.0% to a record of $53,926,000, ZERUST® oil and gas net sales increased 69.3% to a record of $7,802,000, and Natur-Tec® product net sales increased 8.8% to a record of $18,175,000. Despite the economic challenges in Europe and China, NTIC achieved record sales for the third consecutive year, demonstrating the value provided to global customers and the efficacy of strategic focus on diversification.
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Northern Technologies International Corporation (NASDAQ: NTIC) is set to release its fiscal 2023 fourth quarter financial results on November 21, 2023, before the market opens. The news release will be available on the Investor Relations section of NTIC’s webpage. A conference call with management is scheduled for the same day at 9:00 a.m. Eastern Time, where President and CEO Patrick Lynch and CFO Matt Wolsfeld will review the financial results and outlook, followed by a Q&A session.
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Northern Technologies International Corporation declares quarterly cash dividend of $0.07 per share
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FAQ

What is the current stock price of Northern Techn (NTIC)?

The current stock price of Northern Techn (NTIC) is $11.35 as of February 28, 2025.

What is the market cap of Northern Techn (NTIC)?

The market cap of Northern Techn (NTIC) is approximately 105.9M.

What does Northern Technologies International Corporation (NTIC) specialize in?

NTIC specializes in environmentally beneficial material science, offering corrosion prevention solutions under the ZERUST® brand and biodegradable materials under the Natur-Tec® brand.

How does NTIC generate revenue?

NTIC generates revenue through the sale of proprietary products, such as ZERUST® corrosion inhibitors and Natur-Tec® biodegradable materials, as well as technical consulting services.

What industries does NTIC serve?

NTIC serves industries including automotive, electronics, electrical, mechanical, military, oil and gas, and consumer goods.

What is the significance of NTIC's joint ventures?

NTIC's joint ventures enable the company to expand its global reach, providing access to regional markets and leveraging local expertise to deliver tailored solutions.

What makes NTIC's ZERUST® products unique?

ZERUST® products are backed by decades of R&D and offer advanced corrosion prevention solutions tailored to specific industrial needs, including challenging environments like the oil and gas sector.

How does NTIC contribute to sustainability?

NTIC contributes to sustainability through its Natur-Tec® line of bio-based and compostable materials, addressing global challenges like plastic waste and promoting environmentally friendly alternatives.

What is NTIC's competitive advantage?

NTIC's competitive advantage lies in its proprietary technologies, strong focus on sustainability, and ability to offer tailored technical consulting services.

Where is NTIC headquartered?

NTIC is headquartered in Minnesota, USA, and operates globally through a network of subsidiaries, joint ventures, distributors, and agents.

What are NTIC's primary product brands?

NTIC's primary product brands are ZERUST®, focused on corrosion prevention, and Natur-Tec®, offering biodegradable and compostable materials.

How does NTIC address environmental challenges?

NTIC addresses environmental challenges by developing sustainable solutions like corrosion inhibitors that extend product lifecycles and biodegradable materials that reduce plastic waste.
Northern Techn

Nasdaq:NTIC

NTIC Rankings

NTIC Stock Data

105.87M
7.82M
17.61%
42.8%
1.53%
Specialty Chemicals
Coating, Engraving & Allied Services
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United States
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