EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Nortech Systems Reports Third Quarter Results MINNEAPOLIS - November 13, 2025 - Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech” or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical imaging, medical device, industrial, and aerospace & defense markets, reported financial results for the third quarter ended September 30, 2025. 2025 Q3 Highlights: Net sales of $30.5 million in Q3 2025 vs. $31.4 million in Q3 2024 Net loss of $(146) thousand, or $(0.05) per basic share in Q3 2025 vs. $(739) thousand, or $(0.27) per basic share in Q3 2024 Adjusted earnings before interest, taxes, depreciation, and amortization (“EBITDA”) of $1.3 million in Q3 2025 vs. $0.1 million in Q3 2024 90-day backlog of $31.3 million as of September 30, 2025 vs. $29.6 million as of September 30, 2024 Management Commentary “Nortech’s third quarter results reflect continued evidence our restructuring efforts combined with cost discipline are paying off. A planned positive shift from first builds to recurring production across programs…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Nortech Systems Incorporated
NSYSNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition The Registrant issued a news release on November 13, 2025, entitled “Nortech Systems Reports Third Quarter Results” regarding its consolidated results and financial condition for the third quarter ended September 30, 2025. A copy of this news release is attached hereto as Exhibit 99.1.
Company context
Nortech Systems is a leading provider of design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies, and components. Nortech primarily serves the medical imaging, medical device, aerospace & defense, and industrial markets. Its design services span concept development to commercial design, and include medical device, software, electrical, mechanical, and biomedical engineering. Its manufacturing and supply chain capabilities are vertically integrated around wire, cable, and interconnect assemblies, printed circuit board assemblies, as well as system-level assembly, integration, and final test. Headquartered in Maple Grove, Minn., Nortech currently has six manufacturing locations and design centers across the U.S., Latin America, and Asia. Nortech Systems is traded on the NASDAQ Stock Market under the symbol NSYS. Nortech’s website is www.nortechsys.com.