CSIMarket
 
Northern Technologies International Corporation  (NTIC)
 

Income Tumbles by -89.13 % at the Chemical Manufacturing company during the financial first quarter of 2023

company announced first quarter of 2023 operating income of $0.829576 millions


Published Jan 14 2023
CSIMarket Team / CSIMarket.com


tanker_By_James_Cridland_(Big_red_tanker)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Northern Technologies International Corporation experienced shrinking eps on expanding sales in its financial three months closing Nov 30 2022, where Revenue inched up by 9.67 % to $19.95 millions in comparison to $18.19 millions on a year-over-year basis, while income fell sharply by -89.13 % to $0.05 per share, as comparison to $0.46 in the prior year reporting season.

relative to the previous reporting season income faded by -26.7 % from $0.07 per share and Revenue decreased by -1.477 % from $20.25 millions.


Net earnings of $0.634 millions in the financial first quarter of 2023 fell by -86.58 % from $4.722 millions in the corresponding period a year before. Northern Technologies International Corporation shifted it's focus on improving sales in the financial first quarter of 2023, as a result net margin eased to 3.18%.
Operating earnings, fell -34.5% to $0.829576 millions, squeezing Northern Technologies International Corporation's operating margin to 4.16%, from 6.96% in the first quarter of 2022.

Northern Technologies International Corporation is expected to report next financial earnings on April 07, 2023.



Northern Technologies International's Net Income Growth

Northern Technologies International's Dividend Pay out



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com