Nortech Systems Reports Third Quarter Results
Key Highlights
- ➤Q3 net sales $33.0 million, up 8.4% year over year
- ➤Q3 net income $637 thousand versus prior-year $146 thousand loss
- ➤Q3 Adjusted EBITDA $2.0 million, up 56.0% year over year
- ➤Total backlog $92.8 million, up 20% year over year
- ➤China net sales grew more than 56% during the quarter
Expert Statements
Jay D. Miller, President and CEO of Nortech Systems
“Our third quarter results reflect continued execution of our business strategy,”
Jay D. Miller, President and CEO of Nortech Systems
“We are deepening engineering partnerships with our customers, using our manufacturing footprint across the United States, Mexico, and China to serve them from the location that best meets their needs, and strengthening operational discipline across our global operations.”
Jay D. Miller, President and CEO of Nortech Systems
“These efforts delivered year-over-year revenue growth and improved gross margin, and they are building momentum with our customers.”
Jay D. Miller, President and CEO of Nortech Systems
“That momentum is reflected in our backlog. Total backlog of $92.8 million is up 20% from a year ago, led by Aerospace & Defense and Industrial markets, and gives us confidence in the direction of the business.”
Jay D. Miller, President and CEO of Nortech Systems
“Our China operations, where net sales grew more than 56% in the quarter, continue to demonstrate the value of our global footprint.”
Jay D. Miller, President and CEO of Nortech Systems
“As we close out 2026, we are focused on converting backlog into profitable shipments, strengthening cash generation through disciplined purchasing and inventory management, and advancing our fiber optic technologies to support our customers’ next-generation applications.”
MINNEAPOLIS, Nov. 12, 2026 (GLOBE NEWSWIRE) -- 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 imaging, medical device, industrial, and aerospace & defense markets, reported financial results for the third quarter ended September 30, 2026.
●Net sales of $33.0 million in Q3 2026 vs. $30.5 million in Q3 2025
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