---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-043921"
form_type: "8-K"
ticker: "NSYS"
cik: "0000722313"
company_name: "NORTECH SYSTEMS INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:05:19.399000+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nortech Systems Q3 net loss of $739K; sales down 5.9% YoY to $31.4M

## Summary
- Net sales of $31.4M, down 5.9% from $33.4M in Q3 2023; net loss of ($739K) vs net income of $1.2M.
- Adjusted EBITDA fell to $143K from $1.6M; gross profit down 27.9% to $3.8M.
- Operating expenses up 4.5%; 90-day backlog of $29.6M as of Sept 30, 2024.
- Management cites customers delaying purchases and reducing inventory as headwinds.
- Restructuring includes consolidating facilities and moving programs to lower-cost locations.

## SEC filing metadata
- accession: 0001493152-24-043921
- form_type: 8-K
- ticker: NSYS
- cik: 0000722313
- company_name: NORTECH SYSTEMS INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/722313/000149315224043921/0001493152-24-043921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/722313/000149315224043921/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-043921
- JSON: https://secwatch.observer/filing/0001493152-24-043921.json
- Plain text: https://secwatch.observer/filing/0001493152-24-043921.txt

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