Benzinga | Nov 12, 2020 08:46AM EST

Recap: Northern Technologies Q4 Earnings



Shares of Northern Technologies (NASDAQ:NTIC) were unchanged after the company reported Q4 results.

Quarterly Results

Earnings per share fell 311.11% over the past year to ($0.19), which missed the estimate of ($0.05).

Revenue of $10,029,000 decreased by 25.42% from the same period last year, which missed the estimate of $10,500,000.

Guidance

Northern Technologies hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 12, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/vzjps5xp

Price Action

52-week high: $14.88

52-week low: $4.70

Price action over last quarter: Up 27.63%

Company Profile

Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services worldwide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST and Nature-Tec. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Natur-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.