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Nortech Systems (NSYS) investor relations material
Nortech Systems Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Q3 2025 net sales were $30.5 million, down 2.9% year-over-year, with improved gross margin and operational efficiency driven by restructuring and cost discipline initiatives.
Net loss for Q3 2025 narrowed to $146,000 ($0.05 per share), a significant improvement from Q3 2024, with adjusted EBITDA rising to $1.3 million.
Strong quoting activity and customer backlog of $77.3 million as of September 30, 2025, with a 90-day shipment backlog of $31.3 million.
Monterrey facility achieved AS9100:D and CMMC 2.0 certifications, enhancing aerospace, industrial, and defense market capabilities.
Restructuring charges related to facility closure and staff reductions totaled $266,000 for the nine months ended September 30, 2025.
Financial highlights
Q3 2025 net sales: $30.5 million (down 2.9% YoY); nine months: $88.1 million (down 11.5% YoY).
Q3 2025 gross profit: $5.0 million (16.5% margin), up from $3.8 million (12.2%) in Q3 2024.
Q3 2025 operating income: $945,000 (3.1% margin); net loss: $146,000; adjusted EBITDA: $1.3 million.
Cash at September 30, 2025: $1.3 million; line of credit borrowings: $12 million.
Inventory reduced to $18.4 million from $21.6 million at year-end 2024; accounts receivable rose to $18.8 million.
Outlook and guidance
Management expects continued sales momentum, improved manufacturing efficiencies, and reduced borrowings in Q4 2025.
Focus on strengthening the balance sheet, reducing inventory, and closing a new asset-backed credit line in early 2026.
Liquidity is expected to be sufficient for the next twelve months, assuming successful refinancing of the Revolver.
Fiber optics: expected market share gains?
Shorter lead times: backlog implications?
Nearshoring: new customer acquisition rate?
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Next Nortech Systems earnings date
Q4 202519 Mar, 2026
Next Nortech Systems earnings date
Q4 202519 Mar, 2026
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Frequently asked questions
Nortech Systems Inc. is a manufacturing services company that provides a range of engineering, technical, and manufacturing solutions to various industries. The company specializes in offering contract manufacturing services, including complex cable assemblies, printed circuit board assemblies, and higher-level complete box build systems. Nortech serves industries such as medical, aerospace, industrial, and defense, providing customized solutions to meet the specific needs of its clients. The company is headquartered in Maple Grove, Minnesota, and its shares are listed on the NASDAQ.
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