earnings
confidence high
sentiment negative
materiality 0.75
NTIC Q3 net loss of $263K vs prior-year profit; sales up 12.6% to record $24.2M
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
2026-Q3 EPS reported
-$0.01
revenue$69,521,265
- Net loss attributable to NTIC of $263K ($0.03 diluted) vs net income of $122K ($0.01) a year ago.
- Consolidated net sales rose 12.6% to a record $24.2M; ZERUST oil & gas sales surged 72.3%.
- Gross margin fell 477 bps to 33.6% due to raw material cost spikes and Natur-Tec pricing pressure.
- Joint venture operating income up 12.2% to $2.55M; JV net sales increased 15.1% to $26.7M.
- Pending sale of Beachwood, OH facility for $1.15M expected to close in fiscal 2027.