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Investing.com - Northern Technologies reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Northern Technologies announced earnings per share of $0.08 on revenue of $20.25M. Analysts polled by Investing.com EPS of $0.13 on revenue of $19.5M.
Northern Technologies 's are down 67% and is trading at $12.51 , still down 27.51% from its 52 week high of $17.26 set on Wednesday, November 17, 2021.
Northern Technologies shares lost 6.36% to trade at $12.51 in intra-day trade the report.
Northern Technologies follows other major Materials sector earnings this month
Northern Technologies's report follows an earnings beat by Vale ADR on Thursday, October 27, 2022, who reported EPS of $0.98 on revenue of $9.93B, EPS of $0.5594 on revenue of $10.15B.
Air Products had beat expectations on Thursday, November 3, 2022 with fourth quarter EPS of $2.89 on revenue of $3.57B, for EPS of $2.77 on revenue of $3.21B.
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