Nortech Systems Q1 net loss narrows to $34k; revenue up 12.7% to $30.3M

NORTECH SYSTEMS INC

2026-Q1 EPS reported -$0.01 revenue$11,797,000

Net sales $30.3M, up 12.7% YoY; net loss $34k vs $1.3M loss in Q1 2025.
Adjusted EBITDA $350k vs $(1.0M) loss YoY; gross profit +52.8% to $4.7M.
90-day backlog $31.5M, total backlog $90.8M as of March 31, 2026.
Closed $17.2M debt financing; named Andrew Walko SVP Global Operations.
Revenue growth driven by Aerospace & Defense segment and operational improvements.

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