Nortech Systems Reports Third Quarter Results [Yahoo! Finance]
Nortech Systems Incorporated (NSYS)
US:NASDAQ Investor Relations:
nortechsys.com/category/investor-relations
Company Research
Source: Yahoo! Finance
engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, industrial and defense markets, reported financial results for the third quarter ended September 30, 2024. 2024 Q3 Highlights: ? Net sales of $31.4 million ? Net loss of ($739) thousand, or ($0.27) per diluted share ? Adjusted earnings before interest, taxes, depreciation, and amortization (“EBITDA”) of $143 thousand ? 90-day backlog of $29.6 million as of September 30, 2024 Management Commentary “Third quarter net sales were impacted by a continuing pattern of customers' delaying product purchases, as well as customers' desire to reduce their inventory and to shorten purchase order to fulfillment timelines, both of which have also negatively impacted many in the contract manufacturing industry over the last several quarters,” said Jay D. Miller, President and CEO of Nortech. “We see this as an opportunity to further strengthen customer relations
Show less
Read more
Impact Snapshot
Event Time:
NSYS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NSYS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NSYS alerts
High impacting Nortech Systems Incorporated news events
Weekly update
A roundup of the hottest topics
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 Inc (NSYS) Q3 2024 Earnings Call Highlights: Strategic Moves Amid Sales Decline [Yahoo! Finance]Yahoo! Finance
- Nortech Systems Incorporated (NSYS) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
NSYS
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- NSYS's page on the SEC website