---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-000208"
form_type: "8-K"
ticker: "NTIC"
cik: "0000875582"
company_name: "NORTHERN TECHNOLOGIES INTERNATIONAL CORP"
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:45:38.276392+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NTIC Q1 fiscal 2024 net income up 78%, record sales $20.2M

## Summary
- Consolidated net sales rose 1.1% to a first-quarter record of $20.18M.
- Gross margin improved 450 bps to 36.3%; net income attributable to NTIC was $896k ($0.09/diluted share).
- Non-GAAP adjusted net income was $1.0M ($0.10/diluted) vs $608k ($0.06) a year ago.
- ZERUST industrial sales hit a Q1 record of $13.9M; Natur-Tec sales also a record at $4.78M.
- Management expects top-line growth across all product categories in fiscal 2024.

## SEC filing metadata
- accession: 0001171843-24-000208
- form_type: 8-K
- ticker: NTIC
- cik: 0000875582
- company_name: NORTHERN TECHNOLOGIES INTERNATIONAL CORP
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/875582/000117184324000208/0001171843-24-000208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875582/000117184324000208/f8k_011024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-000208
- JSON: https://secwatch.observer/filing/0001171843-24-000208.json
- Plain text: https://secwatch.observer/filing/0001171843-24-000208.txt

## Key facts
- Earnings Releases
  NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported first quarter of fiscal 2024 results: revenue $20,182,000, net income $896,000, EPS $0.09 per diluted share.
  - Period: first quarter of fiscal 2024
  - Revenue: $20,182,000
  - Net income: $896,000
  - EPS: $0.09 per diluted share
  - Result: reported results
  source text: 2024 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales increased 1.1% to a first quarter record of $20,182,000 ZERUST ® industrial net sales increased 1.1% to a first quarter record of $13,903,000 ZERUST ® oil and gas net sales decreased 7.4% to $1,502,000 Natur-Tec ® product net sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/875582/000117184324000208/0001171843-24-000208-index.htm

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