Northern Technologies International Corporation reported unaudited consolidated earnings results for the first quarter ended November 30, 2016. For the quarter, the company reported total net sales of $9,702,023 against $7,024,437 a year ago. Operating income was $525,466 against loss of $85,591 a year ago. Income before income tax expense was $524,406 against loss of $76,144 a year ago. Net income attributable to company was $297,639 or $0.07 per basic and diluted share against loss of $234,351 or $0.05 per basic and diluted share a year ago.

For the fiscal year ending August 31, 2017, the company continues to expect its net sales to be in the range of between $37.5 million and $39.0 million.  The company also anticipates net income attributable to NTIC to be in the range of between $3.4 million to $3.9 million, or between $0.75 and $0.85 per diluted share.