CIRCLE PINES, Minn. _ Northern Technologies International Corp. (NTIC) on Tuesday reported fiscal first-quarter profit of $1.5 million.

The Circle Pines, Minnesota-based company said it had net income of 32 cents per share.

The rust and corrosion prevention company posted revenue of $14.1 million in the period.

Northern Technologies expects full-year earnings to be $2 to $2.10 per share, with revenue in the range of $60 million to $61.5 million.

Northern Technologies shares have dropped slightly since the beginning of the year. The stock has risen 12 percent in the last 12 months.


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