NORTHERN TECHNOLOGIES INTERNATIONAL CORP

Northern Technologies International Corp (NTIC) reported a net loss attributable to the company of $(0.26) million for the third quarter ended May 31, 2026, a decrease from a net income of $0.12 million in the same period last year, despite an increase in net sales to $24.22 million. The company also reported a year-to-date net loss of $(0.06) million. NTIC was not in compliance with its Fixed Charge Coverage Ratio covenant, reporting 0.68 to 1.00 against a required 1.25 to 1.00, but secured a waiver from JPMorgan Chase Bank, N.A. on July 7, 2026.

Northern Technologies International Corporation reported its third fiscal quarter 2026 results, with consolidated net sales reaching a record $24,216,000, up 12.6% year-over-year. Despite record sales driven by strong demand for ZERUST® and Natur-Tec® products, the company posted a net loss of $263,000, or $0.03 per diluted share, primarily due to increased raw material costs and competitive pricing pressure which reduced gross margin by 477 basis points. The company also announced plans to sell its Beachwood, Ohio facility, with an expected closing in fiscal 2027 for over $1.0 million.

Northern Technologies International Corporation (NTIC) announced it will release its fiscal 2026 third-quarter financial results on Thursday, July 9, 2026, before the market opens. The company will host a conference call with management on the same day at 9:00 a.m. Eastern Time to discuss the results and outlook. Investors can register to participate in the live call or access an audio-only webcast.

Natur-Tec India Private Limited, a subsidiary of Northern Technologies International Corporation (NTIC), and Bayer have announced a Memorandum of Understanding (MOU) to jointly develop biodegradable and compostable seedling cups. This partnership aims to transform nursery practices by eliminating single-use plastic cups, while ensuring compatibility with essential crop protection treatments like nematicides and fungicides. The innovative cups are designed to support seedling development and break down naturally, reducing nursery waste and promoting sustainable agriculture. Pilot trials will begin in India, with plans for global expansion upon successful validation.

Natur-Tec, a business unit of Northern Technologies International Corporation (NTIC), has been selected for the 2026 International Fresh Produce Association’s Packaging Innovation Program. This program, backed by a $5 million investment from the U.S. Department of Agriculture, aims to accelerate packaging solutions that extend shelf life, reduce food waste, and meet global regulations. Natur-Tec's project will focus on commercializing PFAS- and PVDC-free compostable barrier laminates for moisture and oxygen-sensitive items, addressing urgent packaging challenges for U.S. specialty crop exporters.

Northern Technologies International Corporation (NTIC) announced that its Board of Directors has suspended the quarterly cash dividend on its common stock, effective from the third quarter of fiscal 2026. This decision aims to prioritize the reduction of the company's outstanding debt. The Board had previously reduced the quarterly cash dividend to $0.01 per share beginning with the third quarter of fiscal 2025.

Northern Technologies International Corp (NTIC) has filed its quarterly report for the period ended February 28, 2026. This routine filing provides an update on the company's corporate governance and capital structure. As of April 9, 2026, NTIC reported 9,492,001 shares of common stock outstanding. The company also confirmed its status as a non-accelerated filer and a smaller reporting company.

Northern Technologies International Corporation (NTIC) announced its consolidated financial results for the second fiscal quarter ended February 28, 2026. The company released this information on April 9, 2026, providing an update on its operational and financial performance for the period. Investors will be reviewing the detailed figures to assess the company's recent trajectory and outlook.