Northern Technologies International stock reports 12.6 percent growth

Published on 10/04/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Northern Technologies International stock posted USD 24.2 million in fiscal Q3 revenue on May 31, 2026, up 12.6 percent year over year. Gautam Ramdas became CEO on September 4.

NTI, US6658091094, Illustration mit AI erstellt.

Northern Technologies International Corporation (ISIN US6658091094) was last at USD 7.70 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, down 0.13 percent from the prior close of USD 7.71. The company paired that subdued market reading with fiscal Q3 revenue of USD 24.2 million, up 12.6 percent from the prior year.

Revenue grows despite earnings pressure

As Investing.com reported on September 22, 2026, fiscal Q3 revenue reached USD 24.2 million, while adjusted earnings showed a loss of USD 0.02 per share. The result missed the cited Wall Street expectation of USD 0.10 per share.

The quarterly figures therefore show a split picture: sales expanded by 12.6 percent, but raw-material costs linked to Middle East shipping disruptions weighed on profitability. NTIC's latest finance data show revenue of USD 24,215,662 and net income of negative USD 17,255 for the quarter ended May 31, 2026.

Oil and gas adds a growth engine

At the Lytham Partners Fall 2026 Investor Conference on September 29, 2026, management described Zerust Oil and Gas revenue as 72 percent higher than a year earlier, according to Investing.com. The division has exceeded USD 2 million in revenue for four consecutive quarters, with trailing twelve-month revenue above USD 10 million.

The operating thesis is moving beyond the established corrosion business. Management said the oil and gas and Natur-Tec businesses should contribute higher-margin growth, while operating leverage could improve free cash flow and support debt reduction.

Leadership transition sets next checkpoint

NTIC appointed Gautam Ramdas as president and CEO effective September 4, 2026, while G. Patrick Lynch became chairman and Brian Haglund became chief operating officer. The changes were disclosed in the company's Form 8-K filed with the SEC for the leadership succession plan.

The next formal governance date is January 15, 2027, when NTIC's annual meeting is scheduled, according to Investing.com. For investors, the key test is whether the newer businesses can convert revenue growth into earnings after the fiscal Q3 loss.

NTIC stock stays near yearly low

NTIC stock was last at USD 7.70 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. Its 52-week range was USD 7.35 to USD 10.03, while market capitalization stood at USD 73.1 million and volume was 4,013 shares.