Northern Technologies Q2 revenue rises 15.3% on Zerust oil & gas growth

Northern Technologies International

09/04/2026 13:12

Overview

U.S. corrosion prevention firm's fiscal Q2 revenue rose 15.3% to a second quarter record

Company posted a net loss, compared to net profit a year earlier

Non-GAAP adjusted net income turned positive from a loss last year

Outlook

Company expects continued sales growth and improved profitability in second half of fiscal 2026

Company says stable North America trends and strength in NTIC China, ZERUST oil and gas, Natur-Tec expected

Northern Technologies says macro uncertainty, supply chain pressures and European challenges may impact outlook

Result Drivers

ZERUST OIL & GAS GROWTH - Co said record sales in ZERUST oil and gas segment, up 72.1% y/y, were driven by investments in global sales infrastructure and greater adoption in the oil and gas industry

NTIC CHINA STRENGTH - Co said NTIC China sales rose 18.5% y/y, showing consistent strength despite the seasonal impact of the Lunar New Year

NATUR-TEC SALES - Natur-Tec product sales increased 8.1% y/y

Company press release: ID:nGNX9gwCcg

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
$0.01
$0.02 (1 Analyst)
Q2 EPS
$0


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Northern Technologies International Corp is $13.00, about 62.5% above its April 8 closing price of $8.00

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)