Northern Technologies reports Q3 EPS 1c vs. 10c last year
Q3 Revenue Growth: The company reported Q3 revenue of $21.5 million, an increase from $20.7 million last year, driven by growth in consolidated net sales and strategic investments in the ZERUST oil and gas business.
Future Outlook: The CEO expressed optimism for sequential improvement in ZERUST oil and gas sales and profitability in Q4 and fiscal 2026, while also monitoring potential positive impacts from European economic stimulus packages.
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- Significant Revenue Growth: Northern Technologies reported a Q2 Non-GAAP EPS of $0.01 with revenues of $21.99 million, reflecting a 15.3% year-over-year increase, indicating robust performance and growth potential in the market.
- Strong ZERUST® Sales: ZERUST® industrial net sales rose by 11.2% to $13.97 million, showcasing sustained demand and an increase in market share within the industrial corrosion protection sector.
- Outstanding Oil & Gas Performance: ZERUST® oil and gas net sales surged 72.1% to a record $2.67 million for the quarter, highlighting the company's strong growth and competitive position in the oil and gas industry.
- Expansion in China: NTIC's net sales in China increased by 18.5% to $4.43 million, demonstrating the company's focus on market expansion in the Asia-Pacific region and strengthening its global business footprint.

Company Overview: Northern Technologies International Corporation (NTIC) specializes in providing environmentally friendly solutions and technologies for corrosion prevention and control.
Financial Performance: In Q2, NTIC reported an adjusted earnings per share (EPS) of $0.01, indicating a stable financial position despite market challenges.

Quarterly Performance: Flexible Solutions International Inc. reported a quarterly loss of $0.04 per share, missing the Zacks Consensus Estimate of $0.05, and showing a significant decline from earnings of $0.05 per share a year ago.
Revenue Insights: The company achieved revenues of $10.56 million for the quarter, surpassing estimates by 0.92% and increasing from $9.31 million year-over-year, although it has only topped revenue estimates once in the last four quarters.
Stock Outlook: Despite a 122.2% increase in shares since the beginning of the year, the stock holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market, influenced by mixed earnings estimate revisions.
Industry Context: The Chemical - Specialty industry, to which FSI belongs, is currently ranked in the bottom 30% of Zacks industries, suggesting that broader industry performance may impact FSI's stock performance moving forward.
Earnings Report: Northern Technologies International (NTIC) reported a decrease in earnings for the third quarter, with net income of $0.121 million ($0.01 per share), down from $0.976 million ($0.10 per share) last year, and missed analysts' expectations of $0.04 per share.
Revenue Growth: Despite the decline in earnings, NTIC's revenue increased by 4.0% to $21.50 million compared to $20.68 million in the previous year.







