Nortech ( (NSYS) ) has released its Q3 earnings. Here is a breakdown of the information Nortech presented to its investors.
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Nortech Systems Incorporated is a prominent provider of engineering and manufacturing solutions for complex electromedical and electromechanical products, primarily serving the medical imaging, medical device, industrial, and aerospace & defense markets. Headquartered in Maple Grove, Minnesota, the company operates across the U.S., Latin America, and Asia, and is listed on the NASDAQ Stock Market under the symbol NSYS.
In the third quarter of 2025, Nortech Systems reported net sales of $30.5 million, a slight decrease from the previous year’s $31.4 million. Despite this, the company significantly reduced its net loss to $146 thousand compared to $739 thousand in the same quarter of 2024. The adjusted EBITDA saw a substantial increase to $1.3 million from $0.1 million in the prior year, indicating improved operational efficiency.
Key highlights from the quarter include a 31% increase in gross profit and a 90-day backlog of $31.3 million, up from $29.6 million the previous year. The company also achieved a significant regulatory milestone with its Monterrey, Mexico facility obtaining AS9100:D certification, enhancing its service offerings in the aerospace and industrial markets.
Looking ahead, Nortech Systems’ management remains optimistic about leveraging its operational performance and strategic positioning in the nearshoring landscape. The company’s focus on manufacturing efficiencies and regulatory achievements positions it well for future growth in its key markets.