Nortech Systems INC

Nortech Systems Incorporated announced the results of its annual shareholder meeting held on May 13, 2026, including the election of directors and approval of key proposals.

Nortech Systems announced first quarter 2026 financial results, showing a 12.7% increase in net sales to $30.3 million and a significant reduction in net loss.

Nortech Systems reported a significant turnaround in its fourth quarter 2025 financial results, achieving net income and positive adjusted EBITDA, driven by strategic restructuring.

Nortech Systems Incorporated has entered into a new $15 million revolving credit facility and a $2.2 million term loan with Associated Bank, replacing its existing credit line and extending maturity to March 2029.

Nortech Systems Incorporated announced the appointment of Andrew Walko as Senior Vice President of Global Operations, effective January 19, 2026, replacing retiring John Lindeen.

Nortech Systems reported a significantly reduced net loss and a substantial increase in Adjusted EBITDA for the third quarter of 2025, driven by restructuring and cost discipline.

Nortech Systems Inc. reported a 12.7% increase in net sales for the first quarter of 2026, reaching $30.3 million, driven by growth in the Medical Imaging and Aerospace & Defense sectors, while also securing a new credit facility.

Nortech Systems reported a reduced net loss in Q3 2025, driven by improved gross margins and operational efficiencies, despite a year-to-date decline in sales and an ongoing debt refinancing effort.

Nortech Systems Inc. reported a net income for Q2 2025, but a significant net loss for the first half of the year, alongside ongoing financial covenant challenges and strategic operational adjustments.

Nortech Systems' Q1 2025 net sales decreased by 21.4% compared to Q1 2024, primarily due to delays in customer approvals and manufacturing inefficiencies.

Nortech Systems experienced a decrease in net sales and gross profit for the third quarter of 2024, while also managing facility closures and a credit agreement amendment.

Nortech Systems experienced a slight decrease in net sales and a significant drop in operating income for the second quarter of 2024, while also managing a facility closure and changes in customer ordering patterns.

Nortech Systems Incorporated filed an amendment to its 2025 annual report on Form 10-K, primarily to include conformed signatures on exhibits.

Nortech Systems Incorporated amends its credit agreement after failing to meet financial covenants, while also outlining retirement plans for key executives and adjusting their employment agreements.

Nortech Systems saw a 3.9% increase in net sales and a significant rise in net income for the year ended December 31, 2023, according to its annual report.

Director Debarati Sen acquired 6,876 shares of common stock and 6,832 stock options in Nortech Systems Inc. on May 19, 2025.

Director Jose Antonio Peris reports acquisition of Nortech Systems stock and options, signaling potential confidence in the company's future.

Director Ryan McManus reports acquisition of Nortech Systems shares and stock options.

Director David B. Kunin reports acquisition of Nortech Systems stock and options, increasing his beneficial ownership.

Director Stacy A. Kruse reports the acquisition of restricted stock units and stock options in Nortech Systems Inc.

Director Amy S. Fredregill reports acquisition and disposal of Nortech Systems Inc. stock and stock options.

Nortech Systems announces its 2026 Annual Meeting of Shareholders to address director elections, executive compensation, auditor ratification, and a new equity incentive plan.

Nortech Systems Incorporated has filed a definitive proxy statement with the Securities and Exchange Commission.

Nortech Systems Incorporated will hold its annual virtual shareholder meeting on May 14, 2025, to elect directors, approve executive compensation, ratify the appointment of the independent auditor, and vote on the frequency of say-on-pay votes.

Nortech Systems Incorporated has scheduled its annual virtual shareholder meeting for May 15, 2024, to vote on key proposals including the election of directors, executive compensation, and an amendment to the stock incentive plan.

Nortech Systems Incorporated has filed a definitive proxy statement with the Securities and Exchange Commission.