---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-022734"
form_type: "8-K"
ticker: "NSYS"
cik: "0000722313"
company_name: "NORTECH SYSTEMS INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:48:53.528799+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nortech Systems Q2 revenue $35M (+7.7% YoY); EPS $0.22; bookings $37M

## Summary
- GAAP net income $0.6M ($0.22 diluted EPS) vs $0.7M ($0.25) in Q2 2022.
- Gross margin improved to 15.6% from 15.4% YoY; EBITDA $1.6M (+6.7% YoY).
- Q2 bookings of $37M, highest in four quarters; backlog $101M (+$2M QoQ).
- Year-to-date revenue $69.9M (+10.6%); net income $1.3M (+58.6% vs H1 2022).
- Supply chain disruptions subsiding; management remains cautiously optimistic.

## SEC filing metadata
- accession: 0001437749-23-022734
- form_type: 8-K
- ticker: NSYS
- cik: 0000722313
- company_name: NORTECH SYSTEMS INC
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/722313/000143774923022734/0001437749-23-022734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/722313/000143774923022734/nsys20230809_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-022734
- JSON: https://secwatch.observer/filing/0001437749-23-022734.json
- Plain text: https://secwatch.observer/filing/0001437749-23-022734.txt

## Key facts
- Earnings Releases
  NORTECH SYSTEMS INC reported the second quarter ended June 30, 2023 results: revenue $35.0 million, net income $0.6 million, EPS $0.22 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $35.0 million
  - Net income: $0.6 million
  - EPS: $0.22 per diluted share
  - Result: reported results
  source text: serving the medical, industrial and defense markets, reported 2023 second quarter results for the period ended June 30, 2023. 2023 Second Quarter Highlights: ● Revenue of $35.0 million, up 7.7% from the prior-year period. First half revenue $69.9 million up 10.6% from prior-year period. ● Generally Accepted Accounting Principles (GAAP) net income of $0.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/722313/000143774923022734/0001437749-23-022734-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.