secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
CIK:        0000875582
Form:       8-K
Filed at:   2022-01-06T23:59:59+00:00
Accession:  0001171843-22-000116
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NTIC Q1 fiscal 2022 sales record $18.2M (+42%), adjusted EPS falls to $0.08 from $0.13
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- Consolidated net sales $18.19M, up 42.4% YoY; record first quarter.
- GAAP net income $4.49M ($0.46/diluted share) includes $3.95M one-time gain from Zerust India acquisition.
- Non-GAAP adjusted net income $781K ($0.08/share), down from $1.26M ($0.13) last year.
- Zerust India acquisition contributed $2.45M in sales; total cost $6.25M cash.
- Joint venture operating income down 16.7% to $2.63M; inflationary pressures cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875582/000117184322000116/0001171843-22-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875582/000117184322000116/f8k_010622.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-000116

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