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Northland Capital Markets analyst Gus Richard maintains Northern Technologies (NASDAQ:NTIC) with a Outperform and maintains $20 price target.
Northern Technologies International Corporation (NASDAQ:NTIC) shares are trading lower after the company reported the third quarter of fiscal 2024 results. Net sales fell 1.4% Y/Y to $20.7 million, missing the estimate of $23.0 million. ZERUST industrial net sales fell 4.4% Y/Y to $13.5 million, and ZERUST oil and gas net sales fell 31.9% Y/Y to $1.36 million. Natur-Tec product net sales rose 20.1% Y/Y to $5.85 million, and NTIC China net sales rose 6.7% Y/Y to $3.54 million. Gross profit margin expanded 210 basis points Y/Y to 38.2% in the quarter, led by strategies to mitigate supply chain disruptions and raw material challenges, including insourcing various finished goods product
4 - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Issuer)
4 - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Issuer)
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SC 13G/A - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Subject)
SC 13D/A - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Subject)
SC 13G - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Subject)
MINNEAPOLIS, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors declared a quarterly cash dividend of $0.07 per share payable on November 13, 2024, to shareholders of record at the close of business on October 30, 2024. About Northern Technologies International Corporation Northern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services in over 65 countries either directly or via a network of subsidiari
MINNEAPOLIS, July 17, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors declared a quarterly cash dividend of $0.07 per share payable on August 14, 2024, to shareholders of record at the close of business on July 31, 2024. About Northern Technologies International CorporationNorthern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services in over 65 countries either directly or via a network of subsidiaries, joint
MINNEAPOLIS, July 11, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the third quarter of fiscal 2024. Third quarter fiscal 2024 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales decreased 1.4% to $20,686,000ZERUST® industrial net sales decreased 4.4% to $13,477,000ZERUST® oil and gas net sales decreased 31.9% to $1,360,000 – the year-over-year decline was primarily due to the timing of approximately $
MINNEAPOLIS, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors declared a quarterly cash dividend of $0.07 per share payable on November 13, 2024, to shareholders of record at the close of business on October 30, 2024. About Northern Technologies International Corporation Northern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services in over 65 countries either directly or via a network of subsidiari
MINNEAPOLIS, July 17, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors declared a quarterly cash dividend of $0.07 per share payable on August 14, 2024, to shareholders of record at the close of business on July 31, 2024. About Northern Technologies International CorporationNorthern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services in over 65 countries either directly or via a network of subsidiaries, joint
MINNEAPOLIS, July 11, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the third quarter of fiscal 2024. Third quarter fiscal 2024 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales decreased 1.4% to $20,686,000ZERUST® industrial net sales decreased 4.4% to $13,477,000ZERUST® oil and gas net sales decreased 31.9% to $1,360,000 – the year-over-year decline was primarily due to the timing of approximately $
10-Q - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Filer)
8-K - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Filer)
10-Q - NORTHERN TECHNOLOGIES INTERNATIONAL CORP (0000875582) (Filer)
MINNEAPOLIS, May 29, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ:NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that it is expected to join the broad-market Russell 3000 Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective at the open of U.S. equity markets on July 1, 2024, according to a preliminary list of additions posted May 24, 2024. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of April 30, 2024, ranking them by total market capitalization. Membership in the U.S.
MINNEAPOLIS, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors reinstated and declared a quarterly cash dividend of $0.065 per share payable on February 17, 2021 to shareholders of record at the close of business on February 3, 2021. “It is my pleasure to announce that NTIC’s Board of Directors has voted to reinstate a $0.065 quarterly cash dividend,” said G. Patrick Lynch, President and Chief Executive Officer of NTIC. “Since the first COVID-19 lockdowns started in Mar
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