Nortech Systems, Inc. (NSYS) Reports Q1 Loss of $0.01/Share
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Nortech Systems Reports First Quarter Results
May 11, 2017 4:10 PM EDTMINNEAPOLIS--(BUSINESS WIRE)-- Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $28.3 million for the first quarter ended March 31, 2017, compared with net sales of $29.0 million for the first quarter of 2016.
For the first quarter of 2017, operating income was $120,000, compared with $221,000 for the first quarter of 2016. For the first quarter of 2017, the company reported a net loss of $15,000, or $0.01 per diluted common share, compared with net income of $63,000, or $0.02 per diluted common share, in the prior-year period.
Our first quarter revenue... More
