|Over a month ago|
Northern Technologies sees FY20 EPS 60c-80c, one est. 65c » 08:1301/0701/07/20
Sees FY20 revenue…
Sees FY20 revenue $62M-$66M, one est. $63.3M.
Northern Technologies reports Q1 EPS 13c, one est. 13c » 08:1101/0701/07/20
Reports net sales $14.6M,…
Reports net sales $14.6M, one est. $15M. "Consolidated net sales set a new first quarter record, despite continued challenges for our ZERUST industrial products across our global joint venture network," said G. Patrick Lynch, President and CEO of NTIC. "Over the past three months, demand appears to have stabilized in both North America and China, allowing ZERUST industrial net sales to increase 9.0% and 18.0% in North America and China, respectively, compared to fiscal 2019 fourth quarter. In addition, we continued to benefit from year-over-year sales growth for Natur-Tec. The timing of several ZERUST oil & gas projects impacted first quarter performance. However, based on expected shipments and installations for the second quarter, we believe we will see a year-over-year increase in ZERUST oil & gas net sales for both the second quarter and first half of fiscal 2020."
|Over a quarter ago|
Northern Technologies increased board to nine with two appointments » 09:0810/2310/23/19
Northern Technologies International Corporation announced that the size of its Board had been expanded from seven to nine directors and that Nancy Calderon and Sarah Kemp had been elected to fill the vacancies created by this increase. Nancy Calderon, CPA, retired from KPMG LLP in September 2019 after a 33-year career. Sarah Kemp is an Executive Director for Merck, a global biopharmaceutical company.
Northern Technologies raises quarterly cash dividend 8.3% to 6.5c per share » 08:0810/2310/23/19
Northern Technologies International Corporation announced that the Board of Directors declared a quarterly cash dividend of 6.5c per common share, an 8.3% increase from the prior quarter payment. The cash dividend will be payable on November 20, 2019, to shareholders of record at the close of business on November 6, 2019.
Northern Technologies initiated with an Outperform at Northland » 08:4809/1209/12/19
Northland analyst Gus…
Northland analyst Gus Richard initiated Northern Technologies with an Outperform and $16 price target. Richard expects regulatory changes in Europe and potential passage of CA AB1080 to drive demand for Northern's compostable plastic,
Northern Technologies announces two-for-one stock split » 08:0906/0306/03/19
Northern Technologies reported that its board has declared a two-for-one split of the company's common stock, which will be effected in the form of a 100% stock dividend. The stock dividend will be distributed on June 28 to stockholders of record as of June 17. As a result of the split, each stockholder of record at the close of business on June 17 will receive one additional share of common stock for every outstanding share held on the record date. The additional shares will be distributed on June 28.