Northern Technologies International Corporation announced unaudited consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, the company announced total net sales of $14,094,052 compared to $11,543,038 a year ago. Operating income was $1,886,464 compared to $1,284,613 a year ago. Income before income tax expenses was $1,896,894 compared to $1,303,580 a year ago. Net income was $1,641,191 compared to $1,198,589 a year ago. Basic net income attributable to per common share was $0.32 compared to $0.24 a year ago.

For the fiscal year ending August 31, 2019, NTIC continues to expect net sales to be in the range of $60.0 million and $61.5 million. The company also anticipates net income attributable to NTIC to be in the range of $9.4 million to $9.8 million, or $2.00 and $2.10 per diluted share.