Improved Earnings and Positive EBITDA
Despite a revenue decrease compared to Q2 2024, Nortech delivered improved earnings and a positive EBITDA, indicating effective restructuring and cost discipline.
Increase in Customer Backlog
The customer backlog grew by approximately $10 million to $78.4 million from March 31, 2025.
Increase in Gross Profit Margin
Gross profit for Q2 2025 was $4.8 million or 15.8% of net sales, compared to $4.6 million or 13.6% of net sales in the same quarter of the previous year.
Strategic Positioning in Near-shoring
Nortech's strategic positioning in near-shoring, particularly in Mexico and China, is strong, reducing exposure to tariffs and aligning with customer supply chain strategies.
Focus on Fiber Optic Technology
Nortech's advancements in fiber optic technology, such as EBX and AOX, are aligning with industry trends and customer demand, especially in aerospace and defense.