Northern Technologies: Q1 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of Northern Technologies (NASDAQ:NTIC) were unchanged in pre-market trading after the company reported Q1 results.

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Quarterly Results

Earnings per share were unchanged over the past year to $0.13, which beat the estimate of $0.05.

Revenue of $12,779,000 decreased by 12.66% year over year, which beat the estimate of $12,000,000.

Guidance

Northern Technologies hasn't issued any earnings guidance for the time being.

Northern Technologies hasn't issued any revenue guidance for the time being.


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Details Of The Call

Date: Jan 07, 2021

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ah8yryif

Technicals

52-week high: $14.88

52-week low: $4.70

Price action over last quarter: Up 26.53%

Company Overview

Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services worldwide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST and Nature-Tec. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Natur-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps