Northern Technologies (NTIC) Tops Q2 EPS by 1c; Raises FY11 Guidance

April 13, 2011 8:03 AM EDT
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Northern Technologies International (NASDAQ: NTIC) reported Q2 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $4.78 million versus the consensus estimate of $4.72 million.

Raises FY11 outlook: sales of $18.5-$19.5 million, vs. the consensus of $18.72 million, EPS of 86-90c, vs. the Street estimate of 88c. The company had previously guided sales to $18-$19.5 million and EPS to 84-88c.


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