Northern Technologies International Corporation (NASDAQ: NTIC) released its second quarter financial results before the trading session.
The company reported quarterly revenue of $19.07 million, with an adjusted loss of $0.03 per share remaining stable.
Analysts had anticipated revenue of $20.2 million and earnings of $0.06 per share for the quarter, as per a survey.
A year-over-year analysis shows an 8.5 percent decrease in quarterly revenue and a significant drop in earnings.