1 hour ago
2
MarketBeat
Thu, April 9, 2026 astatine 9:05 AM CDT 8 min read
-
Total nett sales roseate 15.3% year-over-year to $22.0 million successful Q2, driven by a grounds Zerust Oil & Gas 4th (sales up 72.1% to $2.7 million) and double-digit maturation astatine associated ventures and China.
-
Profitability remained pressured by concern spending and higher SG&A: NTIC reported a GAAP nett nonaccomplishment of $35,000 but an adjusted nett income of $70,000, with gross borderline fundamentally level astatine 35.7% and operating expenses up 7.7%.
-
Outlook calls for a stronger 2nd fractional arsenic absorption targets operating leverage, working-capital efficiencies and indebtedness simplification to construe gross maturation into improved profitability, portion continuing investments successful lipid & state capabilities and planetary expansion.
Northern Technologies International (NASDAQ:NTIC) executives told investors the company’s fiscal 2026 second-quarter results were “in enactment with expectations,” driven by broad-based income maturation crossed its corrosion-inhibiting and bioplastics businesses, portion acknowledging that profitability remained pressured by concern spending and a much uncertain macro backdrop.
Chief Executive Officer Patrick Lynch said show reflected “the resilience of our concern exemplary and the expanding worth customers spot connected our corrosion prevention and compostable integrative solutions,” adjacent arsenic geopolitical tensions successful the Middle East, proviso concatenation pressures, and continued weakness successful parts of Europe added uncertainty.
→ AMC's Easter Surprise: A Bullish New Act?
For the 4th ended February 28, 2026, NTIC reported total consolidated nett income of $22.0 million, up 15.3% twelvemonth implicit year. Lynch said the 4th was “driven by coagulated top-line maturation crossed our businesses,” including “record 2nd 4th Zerust Oil & Gas nett sales.”
By concern unit, absorption reported:
-
Zerust Oil & Gas nett sales accrued 72.1% to $2.7 million (a second-quarter record).
-
Zerust Industrial nett sales accrued 11.2%.
-
Natur-Tec nett sales accrued 8.1% to $5.4 million.
→ Bridget’s Buys: The Bottom 5 Stocks and What to Do Next
Lynch highlighted a antecedently announced oil-and-gas win: a three-year contract disclosed successful November 2025 with an estimated full worth of astir $13 million for “a large offshore task with a starring planetary EPC company.” He said the task is expected to ramp during the existent fiscal twelvemonth and proceed done calendar 2028, calling it “a important validation of our engineering capabilities” and pointing to Brazil arsenic “one of the fastest-growing deepwater markets globally.”
.png)
English (CA) · 
English (US) · 
Spanish (MX) ·