---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-002437"
form_type: "8-K"
ticker: "NTIC"
cik: "0000875582"
company_name: "NORTHERN TECHNOLOGIES INTERNATIONAL CORP"
filed_at: "2022-04-07T23:59:59+00:00"
generated_at: "2026-06-26T08:57:44.295891+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NTIC Q2 fiscal 2022 record sales $16.75M but net income drops to $183k from $1.3M YoY

## Summary
- Consolidated net sales record $16.75M, up 31% YoY, driven by higher demand and Zerust India acquisition.
- Net income attributable to NTIC fell to $183k ($0.02 diluted EPS) vs $1.313M ($0.13) last year; adjusted EPS $0.04.
- Joint venture operating income down 35.9% to $2.17M on higher raw material, freight, and labor costs.
- Zerust India acquisition (remaining 50% for $6.25M) contributed $2.23M in Q2 sales; consolidated since Sep 1, 2021.
- Cash $7.5M, working capital $25.3M; management expects H2 improvement from pricing adjustments.

## SEC filing metadata
- accession: 0001171843-22-002437
- form_type: 8-K
- ticker: NTIC
- cik: 0000875582
- company_name: NORTHERN TECHNOLOGIES INTERNATIONAL CORP
- filed_at: 2022-04-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875582/000117184322002437/0001171843-22-002437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875582/000117184322002437/f8k_040522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-002437
- JSON: https://secwatch.observer/filing/0001171843-22-002437.json
- Plain text: https://secwatch.observer/filing/0001171843-22-002437.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.