NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported second fiscal quarter ended February 28, 2026 results: revenue $21,997,000, net income $35,000, EPS $(0.00).
“Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the second quarter of fiscal 2026. Second quarter fiscal 2026 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales increased 15.3% to a record second quarter of $21,997,000 ZERUST® industrial net sales increased 11.2% to $13,967,000 ZERUST® oil and gas net sales increased 72.1% to a second quarter record of $2,666,000 Natur-Tec® product net sales increased 8.1% to $5,363,000 NTIC China net sales increased 18.5% to $4,425,000 Gross profit, as a percentage of net sales, increased 10 basis points to 35.7% Joint venture operating income increased 19.8% to $2,027,000 Operating income improved to $383,000, compared to an operating loss of $(333,000) in the prior-year quarter Net loss at”