---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-002271"
form_type: "8-K"
ticker: "NTIC"
cik: "0000875582"
company_name: "NORTHERN TECHNOLOGIES INTERNATIONAL CORP"
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:53:19.447260+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NTIC Q2 fiscal 2023 revenue up 9.1% to $18.3M record; net income rises to $0.09/share

## Summary
- Consolidated net sales increased 9.1% to a second quarter record $18,271,000.
- Net income attributable to NTIC increased to $885,000 ($0.09/share) from $183,000 ($0.02/share) YoY.
- ZERUST oil & gas net sales surged 212.4% to $1,805,000; NTIC China net sales fell 31.0%.
- Gross margin improved to 35.0% from prior year; joint venture operating income up 9.8%.
- Working capital $23.998M including $5.451M cash; expects NTIC China recovery in Q3.

## SEC filing metadata
- accession: 0001171843-23-002271
- form_type: 8-K
- ticker: NTIC
- cik: 0000875582
- company_name: NORTHERN TECHNOLOGIES INTERNATIONAL CORP
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875582/000117184323002271/0001171843-23-002271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875582/000117184323002271/f8k_041123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-002271
- JSON: https://secwatch.observer/filing/0001171843-23-002271.json
- Plain text: https://secwatch.observer/filing/0001171843-23-002271.txt

## Key facts
- Earnings Releases
  NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported financial results for the second quarter of fiscal 2023.
  - Period: the second quarter of fiscal 2023
  - Result: reported results
  source text: On April 13, 2023, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the fiscal quarter ended February 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/875582/000117184323002271/0001171843-23-002271-index.htm

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