Northern Technologies posts 1Q profit

CIRCLE PINES, Minn. (AP) _ Northern Technologies International Corp. (NTIC) on Thursday reported fiscal first-quarter net income of $1.1 million.

On a per-share basis, the Circle Pines, Minnesota-based company said it had profit of 24 cents.

The rust and corrosion prevention company posted revenue of $11.5 million in the period.

Northern Technologies expects full-year earnings to be $1.10 to $1.15 per share, with revenue in the range of $46 million to $47 million.

Northern Technologies shares have climbed nearly 6 percent since the beginning of the year. The stock has climbed 97 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTIC at https://www.zacks.com/ap/NTIC