Nortech Systems' fourth-quarter performance exceeded expectations, turning a profit after losses

LootboxPhobia · 2026-03-27T16:30:31+00:00

Nortech Systems reported earnings of $0.31 per share and revenue of $30.3 million in the fourth quarter, turning a profit compared to last year. Gross profit increased by 79.5% year-over-year, and the company achieved three consecutive quarters of positive operations and EBITDA. Despite a 7.6% decline in annual revenue, order backlog and debt financing have strengthened market competitiveness.

LootboxPhobia

2026-03-27 16:30:31

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Minneapolis - On Thursday, Nortech Systems Incorporated (NASDAQ: NSYS) reported a fourth-quarter earnings per share of $0.31, with revenue of $30.3 million, a significant turnaround from a loss of $0.54 per share in the same period last year, marking a remarkable reversal.

Revenue increased by 5.9% compared to $28.6 million in the fourth quarter of 2024.

After the earnings announcement, the company’s stock rose 0.30% in after-hours trading.

The company’s adjusted EBITDA for the fourth quarter was $1.2 million, compared to a loss of $585,000 in the same period last year.

This marks the third consecutive quarter of positive operating and EBITDA performance for the company following its strategic restructuring initiatives. Gross profit surged 79.5% year-over-year, increasing from $2.8 million to $5.1 million, reflecting improvements in manufacturing efficiency and gross margins.

President and CEO Jay D. Miller stated, “Nortech has achieved another quarter of significant operational and financial progress, marking our third consecutive period of positive operating and EBITDA performance, reflecting the positive execution of our strategic restructuring initiatives.” “The continued improvements we see in gross margins, manufacturing efficiency, and world-class quality metrics reflect the disciplined execution of our long-term strategy and the dedication of our global team.”

As of December 31, 2025, the company had a 90-day order backlog of $27.3 million, up from $26.5 million a year ago.

Nortech also completed $17.2 million in debt financing during the quarter and received AS9100:D certification for its Monterrey facility, enhancing its competitiveness in the aerospace and high-reliability markets.

For the full year 2025, Nortech reported a net loss of $252,000, or a loss of $0.09 per share, compared to a loss of $1.3 million, or a loss of $0.47 per share in 2024. Annual revenue declined by 7.6%, from $128.1 million to $118.4 million.

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