secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
CIK:        0000875582
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001171843-24-001956
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NTIC reports record Q2 sales $20.8M; EPS jumps 325% to $0.17
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- Net sales up 14.1% to $20.8M (record Q2); diluted EPS $0.17 vs $0.04 YoY (+325%).
- Natur-Tec sales record $5.6M (+47.5%); ZERUST oil & gas record $2.2M (+20.1%).
- Gross margin improved 551 bps to 40.0%; operating cash flow $5.6M YTD.
- Net cash improved to $0.86M from net debt $0.95M at Aug 2023.
- Joint venture operating income up 4.2% to $2.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875582/000117184324001956/0001171843-24-001956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875582/000117184324001956/f8k_040924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-001956

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