secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
CIK:        0000875582
Form:       8-K
Filed at:   2021-07-08T23:59:59+00:00
Accession:  0001171843-21-004791
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NTIC Q3 FY2021 net sales hit record $15.4M; net income of $2.1M vs loss year ago
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- Consolidated net sales up 58.2% YoY to $15.4M; net income of $2.1M ($0.21 diluted EPS) vs net loss of $965,000 ($0.11 loss per share).
- ZERUST industrial net sales +61.4% to $10.1M; oil & gas +141.0% to $1.0M; Natur-Tec +27.3% to $3.0M.
- Joint venture operating income rose 114.6% to $3.6M; JV net sales up 70.2% to $32.0M.
- Balance sheet: no debt, cash and securities $11.0M, working capital $29.7M.
- Management expects continued YoY sales and earnings growth in Q4 fiscal 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875582/000117184321004791/0001171843-21-004791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875582/000117184321004791/f8k_070721.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-004791

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