Nortech Systems Inc (OQ:NSYS)

Mar 20, 2024 04:41 pm ET
Nortech Systems Reports Fourth Quarter and Full Year 2023 Results
Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or, the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2023 fourth quarter and full year results for the period ended December 31, 2023.
Mar 18, 2024 06:00 pm ET
Nortech Systems to Report Fiscal Fourth Quarter and Full Year 2023 Financial Results and Hold a Conference Call on March 20, 2024
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. Central Time on Wednesday, March 20, 2024, to discuss the company's fourth quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Andrew LaFrence, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international par
Jan 25, 2024 07:43 pm ET
Nortech Systems Expands Fiber Optic Capabilities with Innovative Expanded Beam XtremeTM Technology
Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech Systems” or the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products is proud to announce the expansion of its innovative fiber optic technologies with the addition of Expanded Beam Xtreme (EBXTM).
Dec 05, 2023 05:39 pm ET
Nortech Systems Names Andrew LaFrence CFO and Senior Vice President of Finance
Nortech Systems, Inc., (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products announced today Andrew LaFrence has been named CFO and Senior Vice President of Finance.
Nov 08, 2023 04:00 pm ET
Nortech Systems Reports Third Quarter 2023 Results
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2023 third quarter results for the period ended September 30, 2023.
Nov 01, 2023 11:55 am ET
Nortech Welcomes Two New Board Members
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products announced today two new members were elected to Nortech’s board of directors. Amy Fredregill and Jose Peris bring a wealth of experience and expertise to the Board, and will be instrumental in helping Nortech drive shareholder value.
Oct 13, 2023 05:45 pm ET
Nortech Systems to Report Fiscal Third Quarter Financial Results and Hold a Conference Call on November 8, 2023
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Wednesday, November 8, 2023, to discuss the company's third quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Alan Nordstrom, Acting Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and internatio
Oct 04, 2023 05:30 pm ET
Nortech Systems Suzhou Facility Certified to Produce Class II Medical Devices for Asia Market
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products, is proud to announce that its Suzhou, China facility has been certified by the National Medical Products Administration (NMPA, formerly known as CFDA) to produce Class II Medical Devices for customers in Asia. This certification marks a major milestone for Nortech Systems and its customers in the region.
Aug 09, 2023 02:30 pm ET
Nortech Systems Reports Second Quarter 2023 Results
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2023 second quarter results for the period ended June 30, 2023.
Jul 24, 2023 02:54 pm ET
Nortech Systems to Report Fiscal Second Quarter Financial Results and Hold a Conference Call on August 9, 2023
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Wednesday, August 9, 2023, to discuss the company's second quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Alan Nordstrom, Acting Chief Financial Officer. To access the live audio conference call, US participants may call 877-545-0523 and internation
Jun 02, 2023 03:12 pm ET
Nortech Systems Mourns the Loss of Board Member David Graff
It is with great sadness that Nortech Systems Incorporated (Nasdaq: NSYS), announces the death of Board Member David Graff, who passed away on May 28th.
May 30, 2023 04:35 pm ET
Nortech Systems Announces the Departure of Christopher D. Jones as CFO & Senior Vice President of Finance
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, is announcing the departure of Christopher D. Jones as Chief Financial Officer and Senior Vice President of Finance effective June 8, 2023.
May 10, 2023 02:39 pm ET
Nortech Systems Reports First Quarter 2023 Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2023 first quarter results for the period ended March 31, 2023.
Apr 19, 2023 10:00 am ET
Nortech Systems to Report Fiscal First Quarter Financial Results and Hold a Conference Call on May 11, 2023
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Thursday, May 11, 2023, to discuss the company's first quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 877-545-0523 and international participant
Mar 16, 2023 05:42 pm ET
Nortech Systems Announces 2022 Fourth Quarter and Full Year Results
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2022 fourth quarter and full year results for the period ended December 31, 2022.
Feb 22, 2023 09:28 am ET
Nortech Systems to Report Fiscal Fourth Quarter Financial Results and Hold a Conference Call on March 17, 2023
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 8:00 a.m. Central Time on Friday, March 17, 2023, to discuss the company's fourth quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international participan
Nov 09, 2022 05:25 pm ET
Nortech Systems Announces 2022 Third Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2022 third quarter results for the period ended September 30, 2022.
Oct 17, 2022 05:54 pm ET
Nortech Systems to Report Fiscal Third Quarter Financial Results and Hold a Conference Call on November 10, 2022
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Thursday, November 10, 2022, to discuss the company's third quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international partic
Aug 25, 2022 05:00 pm ET
Nortech Systems Announces Patent for Flexible Faraday Cage Printed Circuit Board and Cable
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, announced this week that the US Patent Office has issued Patent No. 11,412,608, for the Company’s Flex Faraday Xtreme™, a flexible printed circuit for transmitting high frequency signals while precisely controlling both crosstalk and impedance, minimizing electromagnetic interference, improving parallel transmission alignment, and increasing data density. This wor
Aug 10, 2022 09:00 am ET
Nortech Systems Announces 2022 Second Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported 2022 second quarter results for the period ended June 30, 2022.
Jul 19, 2022 11:40 am ET
Nortech Systems to Report Fiscal Second Quarter Financial Results and Hold Conference Call on August 10, 2022
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Wednesday, August 10, 2022, to discuss the company's second quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international partic
May 12, 2022 10:00 am ET
Nortech Systems Announces New Board Member
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today David Graff was elected to the company’s board of directors.
May 10, 2022 05:00 pm ET
Nortech Systems Announces 2022 First Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, defense and industrial markets, reported results for the first quarter ended March 31, 2022.
Apr 28, 2022 05:30 pm ET
Nortech Systems Launches New Active Optical Xtreme (AOX™) Solution for Machine Vision and Factory Automation Uses
Nortech Systems Incorporated (Nasdaq: NSYS) (the “Company”) a global leader in specialized design and manufacturing solutions for complex electrical and electromedical components, announced this week the launch of its newest active optical technology platform, Active Optical Xtreme (AOX). AOX is a small form-factor hybrid solution providing power, control and data transmission across longer distances required for use in machine vision systems, factory automation, robotics, and intelligent sensing devices.
Apr 28, 2022 10:27 am ET
Nortech Systems to Report Fiscal First Quarter Financial Results and Hold Conference Call on May 11, 2022
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Wednesday, May 11, 2022, to discuss the company's first quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international participan
Mar 21, 2022 04:09 pm ET
Nortech Systems Announces 2021 Fourth Quarter and Full Year Results
Nortech Systems Incorporated (Nasdaq: NSYS) (the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving medical, industrial and defense markets, reported 2021 fourth quarter and full year results for the year ended December 31, 2021.
Feb 28, 2022 12:08 pm ET
Nortech Systems to Report Fiscal Fourth Quarter Financial Results and Hold Conference Call on March 21, 2022
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Monday, March 21, 2022, to discuss the company's fourth quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international participan
Jan 05, 2022 09:41 am ET
Nortech Systems Extends its Bank of America Credit Facility Until June 2026
Nortech Systems Incorporated (Nasdaq: NSYS) (the “Company”) today is announcing that on December 31, 2021, the Company executed a sixth amendment to its Bank of America (“BOA”) Loan and Security Agreement (“Credit Facility”). Nortech entered into the original agreement on June 15, 2017 and it was set to expire on June 15, 2022. Nortech and BOA have agreed to renew the Credit Facility and extend the maturity date four years until June 15, 2026. Under the Credit Facility, Nortech utilizes a $16 million asset-based lending facility (“Revolver”) to finance working capital.
Nov 30, 2021 09:25 am ET
Nortech Systems Announces $6.1 million PPP Loan Forgiveness
Nortech Systems Incorporated (Nasdaq: NSYS) (the “Company”) is filing this Current Report on Form 8-K to provide an update related to the status of its Paycheck Protection Program (the “PPP”) loan forgiveness application with the U.S. Small Business Administration (“SBA”).
Nov 11, 2021 09:15 am ET
Nortech Systems Announces Third Quarter 2021 Results
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 $29.5 million for the quarter ended September 30, 2021, an increase of 11.7% compared to $26.4 million for the third quarter of 2020. The revenue improvement was primarily due to higher production volume resulting from actions to scale the direct labor workforce and strengthen the supply chain for
Nov 05, 2021 06:43 pm ET
Nortech Systems to Hold Third Quarter Conference Call on November 11
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 4:00 p.m. central time on Thursday, November 11, 2021 to discuss the company’s third quarter financial results. The call will be hosted by Jay Miller, Chief Executive Officer and Chris Jones, Chief Financial Officer. To access the live audio conference call, US participants may call 844-602-0380 and international partici
Oct 18, 2021 11:00 am ET
Nortech Systems to Report Fiscal 2021 Third Quarter Financial Results on November 11, 2021
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today it will release its fiscal 2021 third quarter financial results for the period ended September 30, 2021 before the markets open on Thursday, November 11, 2021.
Aug 12, 2021 09:10 am ET
Nortech Systems Announces Second Quarter 2021 Results
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 ended June 30, 2021, an increase of 36.7% compared to $22.1 for the first quarter of 2021 and an increase of 14.0% compared to $26.5 million for the second quarter of 2020. The revenue improvement was primarily due to higher production volume resulting from actions to
Jul 15, 2021 09:00 pm ET
Nortech Systems to Report Fiscal 2021 Second Quarter Financial Results on August 12, 2021
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today it will release its fiscal 2021 second quarter financial results for the period ended June 30, 2021 before the markets open on Thursday, August 12.
Jun 02, 2021 05:00 pm ET
Nortech Systems announces Cooperation and Project Funding Agreement with Marpé Technologies and the BIRD Foundation
Nortech Systems Incorporated (Nasdaq: NSYS) (the “Company”), today announced it has reached a bilateral Cooperation and Project Funding Agreement by and among Nortech Systems, Inc, Marpé Technologies (Marpé), and the BIRD (Israel-U.S. Binational Industrial Research and Development) Foundation. The agreement provides a conditional grant to Marpé Technologies and Nortech Systems to develop a total-body tele-dermatology scanning system. By using advanced scanning, sophisticated image processing algorithms, and state of the art AI, the system will save lives by re
Jun 01, 2021 05:00 pm ET
Nortech Systems Announces Establishment of Two 10b5-1 Trading Plans
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today that Chief Executive Officer Jay D. Miller and Chief Financial Officer Chris Jones have each adopted a prearranged trading plan under Rule 10b5-1 of the Securities exchange Act of 1934 to purchase shares of Nortech's common stock on the open market. Rule 10b5-1 permits officers and directors of public companies to adop
May 20, 2021 11:05 am ET
Nortech Systems to Apply for the Employee Retention Credit (ERC)
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 today announced that it is applying for the Employee Retention Credit (“ERC”) to support ongoing investment in Nortech’s frontline workforce and to drive increased manufacturing output to meet customers’ rising demand for mission critical parts. The Company estimates the ERC will, if the application is successful, total
May 13, 2021 05:30 pm ET
Nortech Systems Announces the Addition of Stacy Kruse to its Board of Directors
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, today announced the addition of Stacy Kruse to its board of directors.
May 13, 2021 09:15 am ET
Nortech Systems Announces First Quarter 2021 Results
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 $22.1 million for the quarter ended March 31, 2021, a decline of 19.6% compared to $27.4 for the first quarter of 2020. The decline was primarily due to COVID-related factors including supply chain disruptions and short-term challenges scaling our direct labor workforce. Gross margin for the first quarter of 2021 was 7.1% compared
Apr 28, 2021 05:00 pm ET
Nortech Systems to Report Fiscal 2021 First Quarter Financial Results on May 13, 2021
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, announced today it will release its fiscal 2021 first quarter financial results for the period ended March 31, 2021 before the markets open on Thursday, May 13.
Mar 23, 2021 04:59 pm ET
Nortech Systems Announces 2020 Results
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 $104.1 million for the year ended December 31, 2020, a decline of 10.5% compared to $116.3 for fiscal 2019. The decline was primarily due to reduced demand from medical and industrial customers impacted by COVID-19. Gross margin for fiscal 2020 was 8.1% compared to 10.8% in 2019, a decline of 2.7
Dec 17, 2020 05:30 pm ET
Nortech Systems Announces Establishment of Two 10b5-1 Trading Plans
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today that Chairman David Kunin and Chief Financial Officer Christopher Jones have each adopted a prearranged trading plan under Rule 10b5-1 of the Securities exchange Act of 1934 to purchase shares of Nortech’s common stock on the open market. Rule 10b5-1 permits officers and directors of public companies to adopt predetermined plans for purchasing or selli
Dec 14, 2020 05:00 pm ET
 Nortech Systems Announces Two New Board Members
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today Phil Smith and Dan Sachs were recently appointed to the company’s board of directors.
Nov 12, 2020 09:22 am ET
Nortech Systems Announces Third-Quarter 2020 Results
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 $26.3 million for the third quarter ended September 30, 2020, compared with $30.1 million for the third quarter of 2019.
Nov 02, 2020 09:00 am ET
Nortech Systems Names Christopher D. Jones CFO & Senior Vice President of Finance
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, named Christopher D. Jones as Chief Financial Officer and Senior Vice President of Finance effective today.
Aug 27, 2020 04:30 pm ET
Nortech Systems Announces Completion of Sale-Leaseback
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced that it has completed the sale and leaseback transactions for its manufacturing facilities in Bemidji and Mankato, Minnesota at a sale price of $6.3 million. The proceeds from the sale will be used to pay down debt as well as related expenses and taxes.
Aug 20, 2020 04:30 pm ET
Nortech Systems Announces CFO Resignation & New CFO Search
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, has announced today that Connie Beck has tendered her resignation as Chief Financial Officer of the company effective August 28, 2020. Ms. Beck is leaving Nortech to pursue an executive position at a private, Minnesota based company. Nortech will immediately commence a search for its next CFO. In the interim, the company’s Corporate C
Aug 11, 2020 04:31 pm ET
Nortech Systems Announces Second-Quarter 2020 Results, Sale-Leaseback and Plant Consolidation
Nortech Systems Incorporated (Nasdaq: NSYS), 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 $26.5 million for the second quarter ended June 30, 2020, compared with $27.3 million for the second quarter of 2019.
May 13, 2020 04:37 pm ET
Nortech Systems Reports First Quarter 2020 Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $27.4 million for the three months ended March 31, 2020, a decrease of 3%, compared to $28.2 million for three months ended March 31, 2019.
Mar 19, 2020 04:08 pm ET
Nortech Systems Reports 2019 Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $116.3 million for the year ended December 31, 2019, an increase of 3%, compared to $113.4 million for fiscal 2018.
Nov 12, 2019 04:21 pm ET
Nortech Systems Reports Third Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products, reported net sales of $30.1 million for the third quarter ended September 30, 2019, compared with $29.6 million for the third quarter of 2018.
Aug 14, 2019 04:05 pm ET
Nortech Systems Reports Second Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products, reported net sales of $27.3 million for the second quarter ended June 30, 2019, compared with $28.5 million for the second quarter of 2018.
May 15, 2019 05:03 pm ET
Nortech Systems Reports First Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of design and manufacturing solutions for complex electromechanical products, reported net sales of $28.2 million for the first quarter ended March 31, 2019, compared with $26.4 million for the first quarter of 2018.
Apr 19, 2019 07:30 am ET
Market Trends Toward New Normal in IDACORP, Nortech, Summer Infant, Jabil, Matson, and Evolving — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of IDACORP, Inc. (NYSE:IDA), Nortech Systems Incorporated (NASDAQ:NSYS),...
Apr 16, 2019 04:30 pm ET
Nortech Systems Active Optical Cable Product Honored by Vision Systems Design 2019 Innovators Awards Program
On April 8, Nortech Systems (Nasdaq: NSYS) was presented with the silver award for its Intercon 1 by Nortech USB 3.1 Hybrid Active Optical Cable (AOC) in the Connectivity category at the Fifth Annual Vision Systems Design Innovators Awards presentation, held during Automate 2019 in Chicago, IL. The Intercon 1 by Nortech USB 3.1 Hybrid AOC assembly was recognized by a panel of industry experts from system integrator and end-user companies.
Apr 01, 2019 04:39 pm ET
Nortech Systems Reports 2018 Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), reported net sales of $113.4 million for the year ended December 31, 2018, compared with $112.3 million for fiscal 2017.
Feb 19, 2019 09:25 am ET
Nortech Systems Names Jay D. Miller President and CEO
Nortech Systems Incorporated (NASDAQ: NSYS) today named Jay D. Miller as president and chief executive officer, effective February 27. He has been serving as interim president since January 1 and has been an independent director of the company since May 2018.
Feb 04, 2019 04:25 pm ET
Devicix by Nortech Featured at the 2019 MD&M West Design Dome
Devicix by Nortech is pleased to announce that its director of technology solutions, Jeremy Ling, has been selected to participate in the newly created Design Dome at this year’s MD&M West conference in Anaheim, Calif., February 5-7, 2019.
Dec 21, 2018 01:10 pm ET
Nortech Systems Announces Leadership Changes
Nortech Systems Incorporated (NASDAQ: NSYS) today announced several leadership changes effective January 1, 2019.
Nov 19, 2018 07:50 am ET
New Research: Key Drivers of Growth for Nanovibronix, Griffin Industrial Realty, Iteris, NAPCO Security Technologies, Nortech, and New Age Beverage — Factors of Influence, Major Initiatives and Sustai
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Nanovibronix, Inc. (NASDAQ:NAOV), Griffin Industrial Realty, Inc....
Nov 14, 2018 04:10 pm ET
Nortech Systems Reports Third Quarter Results
Nortech Systems Inc. (NASDAQ: NSYS) today reported net sales of $29.6 million for the third quarter ended September 30, which includes $1.9 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. This compares with $28.3 million reported for the third quarter of 2017. On a pro forma basis to adjust for this change in accounting guidance, sales were $27.7 million for the third quarter of 2018.
Nov 08, 2018 04:53 pm ET
Nortech Systems to Report Third Quarter Results November 14
Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CT) on Thursday, November 15, 2018, to discuss the company’s third quarter results, which will be released on November 14. Anyone interested in participating in the conference can access the call by dialing 877-407-0782 from within the United States, or 201-689-8567 if calling internationally.
Aug 23, 2018 04:50 pm ET
Nortech Systems Announces Stock Repurchase Program
Nortech Systems Incorporated (NASDAQ: NSYS), a leading provider of full-service electronics manufacturing services (EMS), announced that its board of directors has approved another installment of a stock repurchase program similar to the company’s inaugural repurchase program that expired last month.
Aug 15, 2018 01:15 pm ET
Nortech Systems' CEO Rich Wasielewski Announces His Retirement
Rich Wasielewski, president and CEO of Nortech Systems, Inc. (NASDAQ: NSYS), today announced he will be retiring. Nortech Systems’ board of directors has retained an executive recruitment firm to assist in its national search to identify Wasielewski’s replacement. He will continue to lead the company during the search and subsequent transition period.
Aug 15, 2018 09:15 am ET
Nortech Systems Reports Second Quarter Results
Nortech Systems Incorporated (NASDAQ: NSYS) today reported net sales of $28.5 million for the second quarter ended June 30, 2018, which includes $1.6 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. On a pro forma basis to adjust for this change in accounting guidance, second quarter sales of $26.9 million increased 5 percent and $1.2 million sequentially from the first quarter of 2018 while net sales for the second quarter of 2017 were $30.1 million.
Aug 09, 2018 04:30 pm ET
Nortech Systems to Report Second Quarter Results August 15
Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CDT) on Thursday, August 16, 2018, to discuss the company’s second quarter results, which will be released on August 15. Anyone interested in participating in the conference can access the call by dialing 877-407-0782 from within the United States, or 201-689-8567 if calling internationally.
May 18, 2018 02:00 pm ET
Nortech Systems Announces Two New Board Members: Jay D. Miller & Dr. Steven Rosenstone
Nortech Systems Inc. (NASDAQ: NSYS) announced that Jay D. Miller and Dr. Steven Rosenstone were recently elected to its board of directors.
May 11, 2018 11:45 am ET
Nortech Systems Reports First Quarter Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $26.4 million for the first quarter ended March 31, 2018, which includes $0.7 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. On a pro forma basis to adjust for this change in accounting guidance, first quarter sales of $25.7 million increased $0.2 million sequentially from the fourth quarter of 2017 while net sales for the first quarter of 2017 were $28
May 03, 2018 01:05 pm ET
Nortech Systems to Report First Quarter Results May 11
Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CDT) on Monday, May 14, 2018, to discuss the company’s first quarter results, which will be released on May 11. Anyone interested in participating in the conference can access the call by dialing 877-407-0782 from within the United States, or 201-689-8567 if calling internationally.
Mar 27, 2018 05:19 pm ET
Nortech Systems Reports 2017 Results
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), reported net sales of $112.3 million for the year ended December 31, 2017, compared with $116.6 million for fiscal 2016.
Mar 21, 2018 04:39 pm ET
Nortech Systems to Report Fourth Quarter and Year-End Results March 27
Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CDT) on Wednesday, March 28, 2018, to discuss the company’s fourth quarter and year-end results, which will be released after the U.S. stock market closes on March 27. Anyone interested in participating in the conference can access the call by dialing 877-407-0782 from within the United States, or 201-689-8567 if calling internationally.
Feb 27, 2018 04:05 pm ET
Nortech Systems Expanding Mexico Operations
Nortech Systems (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), has signed a lease for a new facility to be built in Monterrey, Mexico, approximately five miles from the company’s current location. The company plans for occupation during the third quarter of 2018 with the transfer of operations expected by year-end.
Feb 23, 2018 01:20 pm ET
Nortech's Intercon 1 Group Expands Existing Manufacturing in China
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), announced today that it has expanded capabilities at its manufacturing facility in Suzhou, Jiangsu, China, to support its regional machine vision technology customers.
Jan 08, 2018 04:10 pm ET
Nortech Systems Names Connie Beck Chief Financial Officer
Nortech Systems (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), has named Connie Beck as vice president and chief financial officer. Along with directing all financial planning and accounting practices, she will oversee Nortech’s relationships with its business partners, the financial community and shareholders.
Nov 08, 2017 04:05 pm ET
Nortech Systems Reports Third Quarter Results
Nortech Systems Inc. (NASDAQ: NSYS) today reported net sales of $28.3 million for the third quarter ended September 30, compared with net sales of $29.7 million for the third quarter of 2016. For the nine months ended September 30, Nortech’s net sales were $86.8 million, compared with $87.6 million for the same period in 2016.
Oct 31, 2017 04:50 pm ET
Nortech Systems to Report Third Quarter Results November 8
Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CST) on Thursday, November 9, 2017, to discuss the company’s third quarter results, which will be released after the U.S. stock market closes on November 8. Anyone interested in participating in the conference can access the call by dialing 888-567-1602 from within the United States, or 404-267-0373 if calling internationally.
Oct 25, 2017 11:50 am ET
Nortech Systems Collaborates with Panasonic to Expand Manufacturing Capabilities
Nortech Systems and Panasonic have collaborated on a new, total-line-solution installation of integrated hardware and software. It provides enhanced Surface Mount Technology (SMT) component placement capability and quality while increasing efficiency and Statistical Process Control (SPC) at Nortech’s manufacturing facility in Mankato, Minnesota.

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