Nortech Systems Q2 net income up 99% to $313K; sales down 9.5% to $30.7M

NORTECH SYSTEMS INC

2025-Q2 EPS reported -$0.36 revenue$13,006,000

Net sales $30.7M, down 9.5% YoY; net income $313K ($0.12 EPS) vs $157K in Q2 2024.
Adjusted EBITDA $1.1M, up 16.8% YoY; YTD adjusted EBITDA $73K vs $2.6M.
90-day backlog $26.6M as of June 30; management cites plant efficiency improvements.
YTD net loss $1.0M on sales $57.6M (down 15.5%).

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