Highest-materiality recent filing
Nortech Systems Q1 net loss narrows to $34k; revenue up 12.7% to $30.3M
Net sales $30.3M, up 12.7% YoY; net loss $34k vs $1.3M loss in Q1 2025.
Nortech Systems Q4 net income $897k vs loss $1.48M YoY; sales up 5.9%
Net sales $30.3M in Q4 2025, up 5.9% from $28.6M in Q4 2024.
Nortech Systems enters $15M revolver, $2.2M term loan with Associated Bank, maturing 2029
Revolver up to $15M subject to borrowing base (AR, inventory, fixed assets); term loan $2.2M.
Nortech Systems obtains waiver for Q4 2025 covenant breaches; revises credit facility terms
Bank of America waived defaults on leverage, fixed charge, and EBITDA covenants for Q4 2025.
Nortech Systems Q3 net loss narrows to $146K; adjusted EBITDA turns positive at $1.3M
Net sales $30.5M, down 2.9% YoY from $31.4M; net loss per basic share $(0.05) vs. $(0.27).
Nortech Systems Q2 net income up 99% to $313K; sales down 9.5% to $30.7M
Net sales $30.7M, down 9.5% YoY; net income $313K ($0.12 EPS) vs $157K in Q2 2024.
Nortech Systems Q1 net loss of $1.3M; revenue down 21% to $26.9M
Net sales $26.9M, down 21.4% YoY from $34.2M; net loss of $1.3M ($0.48 diluted loss).
Nortech Systems Q4 net sales $28.6M, net loss $1.5M; defense delay cited
Net sales $28.6M (-20.6% YoY); net loss $1.5M vs $4.4M profit in Q4 2023.
Nortech Systems Q3 net loss of $739K; sales down 5.9% YoY to $31.4M
Net sales of $31.4M, down 5.9% from $33.4M in Q3 2023; net loss of ($739K) vs net income of $1.2M.
Nortech Systems Q2 net sales $33.9M, net income down 75% YoY to $157K
Net sales $33.9M in Q2 2024, down 3.2% YoY from $35.0M.
Q1 net sales $34.2M (down 1.9% YoY); net income $765K ($0.26 EPS) vs $681K ($0.23).
Dan Sachs, a member of the Board of Directors will not stand for re-election as a member of the Board of Directors for the 2025-2026 period.
Max materiality 0.75 · Median 0.65 · Most common event earnings