Nortech Systems, Inc. (NSYS) Reports Q2 EPS of $0.06

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Nortech Systems Announces Second Quarter 2021 Results

August 12, 2021 9:10 AM EDT

Revenue at $30.2 million in Fiscal Second Quarter of 2021; + 37% from Fiscal First Quarter of 2021 US GAAP Net Income $0.2 million for the Fiscal Second Quarter of 2021; Adjusted EBITDA $1.0 million Monthly Bookings Trends Remain Strong. Solid Backlog of $72 million, an increase of +$23 million or +47% vs 12/31/20

MINNEAPOLIS--(BUSINESS WIRE)-- Nortech Systems Incorporated (Nasdaq: NSYS) (the Company), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, reported net sales of $30.2 million for the quarter... More