Nortech Systems Inc (NSYS) Q3 2024 Earnings Call Highlights: Strategic Moves Amid Sales Decline [Yahoo! Finance]
Nortech Systems Incorporated (NSYS)
US:NASDAQ Investor Relations:
nortechsys.com/category/investor-relations
Company Research
Source: Yahoo! Finance
Year-to-Date Net Sales: $99.5 million for the first nine months of 2024, down 3.6% from $103.3 million in the same period of 2023. Gross Profit: $3.8 million for Q3 2024, representing 12.2% of net sales, compared to $5.3 million or 15.9% in Q3 2023. Year-to-Date Gross Profit: $13.9 million or 14% of net sales for the first nine months of 2024, compared to $16.3 million or 15.8% in the same period of 2023. Adjusted EBITDA: $143,000 for Q3 2024, down from $1.6 million in Q3 2023. Year-to-Date Adjusted EBITDA: $2.7 million for the first nine months of 2024, compared to $4.8 million in the same period of 2023. Cash and Equivalents: $1.2 million as of September 30, 2024, down from $1.7 million as of December 31, 2023. Accounts Receivable: $16.6 million as of September 30, 2024, down from $19.3 million as of December 31, 2023. Inventories: $22.3 million as of September 30, 2024, up from $21.7 million as of December 31, 2023. Restructuring Costs: $267,000 incurred year-to-da
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NSYS
News
- Nortech Systems Incorporated (NASDAQ: NSYS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Concerns Surrounding Nortech Systems' (NASDAQ:NSYS) Performance [Yahoo! Finance]Yahoo! Finance
- Nortech Systems Incorporated (NASDAQ: NSYS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Nortech Systems Incorporated (NSYS) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Nortech Systems Third Quarter 2024 Earnings: US$0.27 loss per share (vs US$0.44 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
NSYS
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- NSYS's page on the SEC website