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Stock impact report

Northern Technologies International Corporation Reports Financial Results For Fourth Quarter and Full Year Fiscal 2023 [Yahoo! Finance]

Northern Technologies International Corporation (NTIC) 
Last northern technologies international corporation earnings: 4/7 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.ntic.com/investor-relations
Company Research Source: Yahoo! Finance
inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the fourth quarter and fiscal year ended August 31, 2023. Full year fiscal 2023 financial and operating highlights include (with growth rates on a fiscal year-over-year basis): Consolidated net sales increased 7.7% to a record of $79,903,000 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 Natur-Tec ® product net sales increased 8.8% to a record of $18,175,000 NTIC China net sales decreased 14.5% to $13,469,000 Joint venture operating income increased 10.9% to $11,642,000 Net income attributable to NTIC was $2,912,000, compared to $6,325,000 Net income per diluted share attributable to NTIC was $0.30, compared to $0.66 Cash provided by operating activities was $5,541,000 for fiscal 2023, compared to $1,146,000 last fiscal year Conso Show less Read more
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