Nortech Systems INC 8-K filings

Nortech Systems announced second-quarter results with a 9.3% increase in net sales to $33.5 million, driven by strong backlog growth, though adjusted EBITDA saw a 12.6% decline.

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 announced that Board member Debarati Sen will not seek re-election, with her term concluding in May 2026.

Nortech Systems announces the retirement and resignation of Senior Vice President of Global Operations, John Lindeen, effective early 2026.

Nortech Systems reports improved second-quarter earnings and positive EBITDA despite a decline in net sales, driven by successful restructuring and cost discipline.

Nortech Systems Incorporated has extended its $15 million senior secured revolving line of credit with Bank of America, N.A. until August 31, 2026, enhancing its financial flexibility.

Nortech Systems Incorporated has entered into an agreement to sell its facility in Blue Earth, Minnesota, to Clark Equities LLC for $500,000, with closing expected by mid-July 2025.

Nortech Systems reports a net loss of $1.3 million for Q1 2025, impacted by strategic operational changes and customer approval delays.

Nortech Systems reports a net loss for Q4 2024, impacted by unexpected delays in customer approvals and a decline in net sales.

Nortech Systems Inc. reports that Director Dan Sachs will not seek re-election, and the Board of Directors has approved a reduction in its size from eight to seven members.

Nortech Systems has amended its lease agreement for its Milaca, Minnesota facility, extending the term to June 30, 2030, and securing an option for a five-year renewal and facility expansion.

Nortech Systems reported a net loss for the third quarter of 2024, impacted by customer delays and inventory reductions, while also making strategic moves to consolidate facilities and improve efficiency.

Nortech Systems reported a decrease in net sales and net income for the second quarter of 2024, while implementing strategic facility optimization.

Nortech Systems held its annual shareholder meeting on May 15, 2024, electing eight directors, approving executive compensation, increasing shares for the stock incentive plan, and ratifying the accounting firm.

Nortech Systems has amended its Maple Grove lease, reduced its facility footprint, closed a manufacturing plant, and reported its first quarter 2024 financial results.

Nortech Systems announced a 3.9% increase in net sales and a significant rise in net income for 2023, alongside improved gross margins and EBITDA.

Nortech Systems has replaced its existing asset-backed line of credit with a new $15 million senior secured revolving credit facility from Bank of America, extending its financial flexibility.