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Technology - Hardware, Equipment & Parts - NASDAQ - US
$ 9.7498
-2.99 %
$ 26.9 M
Market Cap
6.33
P/E
1. INTRINSIC VALUE

Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of technical and manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services. The company also provides manufacturing and engineering services for medical devices, printed circuit board assemblies, wire and cable assemblies, and higher-level electromechanical assemblies. In addition, it offers engineering and repair services. The company serves original equipment manufacturers in the aerospace and defense, medical, and industrial markets through business development teams and independent manufacturers' representatives.[ Read More ]

The intrinsic value of one NSYS stock under the base case scenario is HIDDEN Compared to the current market price of 9.75 USD, Nortech Systems Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NSYS

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FINANCIALS
139 M REVENUE
3.88%
5.95 M OPERATING INCOME
204.50%
6.87 M NET INCOME
241.99%
1.77 M OPERATING CASH FLOW
-67.25%
-1.28 M INVESTING CASH FLOW
47.07%
-1.28 M FINANCING CASH FLOW
51.97%
31.4 M REVENUE
-7.33%
-467 K OPERATING INCOME
-107.36%
-922 K NET INCOME
-587.26%
1.46 M OPERATING CASH FLOW
134.02%
40 K INVESTING CASH FLOW
114.49%
1.22 M FINANCING CASH FLOW
-41.13%
Balance Sheet Decomposition Nortech Systems Incorporated
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Current Assets 58.8 M
Cash & Short-Term Investments 960 K
Receivables 33.8 M
Other Current Assets 24.1 M
Non-Current Assets 16.3 M
Long-Term Investments 0
PP&E 13.4 M
Other Non-Current Assets 2.9 M
Current Liabilities 26.6 M
Accounts Payable 15.9 M
Short-Term Debt 2.78 M
Other Current Liabilities 7.88 M
Non-Current Liabilities 13.2 M
Long-Term Debt 12.8 M
Other Non-Current Liabilities 414 K
EFFICIENCY
Earnings Waterfall Nortech Systems Incorporated
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Revenue 139 M
Cost Of Revenue 116 M
Gross Profit 23.1 M
Operating Expenses 17.2 M
Operating Income 5.95 M
Other Expenses -921 K
Net Income 6.87 M
RATIOS
16.58% GROSS MARGIN
16.58%
4.27% OPERATING MARGIN
4.27%
4.93% NET MARGIN
4.93%
19.45% ROE
19.45%
9.15% ROA
9.15%
17.60% ROIC
17.60%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Nortech Systems Incorporated
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Net Income 6.87 M
Depreciation & Amortization 2.05 M
Capital Expenditures -1.28 M
Stock-Based Compensation 423 K
Change in Working Capital -5.27 M
Others -6.41 M
Free Cash Flow 485 K
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Nortech Systems Incorporated
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NSYS has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Nortech Systems Incorporated
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Mar 22, 2023
Bought 249 USD
KUNIN DAVID B
+ 21
11.8471 USD
1 year ago
Mar 21, 2023
Bought 3.68 K USD
KUNIN DAVID B
+ 302
12.1795 USD
1 year ago
Mar 20, 2023
Bought 19.4 K USD
KUNIN DAVID B
+ 1632
11.8913 USD
1 year ago
Mar 15, 2023
Bought 5.34 K USD
KUNIN DAVID B
+ 445
11.9983 USD
2 years ago
Apr 08, 2022
Bought 10 USD
KUNIN DAVID B
director:
+ 1
10 USD
2 years ago
Apr 11, 2022
Bought 5.86 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 585
10.023 USD
2 years ago
Apr 08, 2022
Bought 2.96 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 296
10 USD
2 years ago
Mar 31, 2022
Bought 131 USD
KUNIN DAVID B
director:
+ 13
10.1038 USD
3 years ago
Dec 24, 2020
Bought 34.9 K USD
JONES CHRISTOPHER DEAN
+ 5803
6.0164 USD
2 years ago
Mar 30, 2022
Bought 16.1 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 1587
10.13 USD
2 years ago
Mar 28, 2022
Bought 16.1 K USD
KUNIN DAVID B
director:
+ 1587
10.17 USD
2 years ago
Mar 28, 2022
Bought 15.8 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 1578
9.9909 USD
2 years ago
Mar 25, 2022
Bought 7.38 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 744
9.9258 USD
2 years ago
Mar 23, 2022
Bought 7.19 K USD
KUNIN DAVID B
director:
+ 744
9.6613 USD
2 years ago
Mar 23, 2022
Bought 7.55 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 744
10.1522 USD
2 years ago
Feb 25, 2022
Bought 8.58 K USD
KUNIN DAVID B
+ 845
10.1488 USD
2 years ago
Feb 24, 2022
Bought 8.41 K USD
KUNIN DAVID B
+ 845
9.95 USD
2 years ago
Feb 23, 2022
Bought 7.77 K USD
KUNIN DAVID B
+ 767
10.1265 USD
2 years ago
Feb 22, 2022
Bought 8.41 K USD
KUNIN DAVID B
+ 845
9.95 USD
2 years ago
Feb 17, 2022
Bought 8.51 K USD
KUNIN DAVID B
+ 838
10.15 USD
2 years ago
Feb 15, 2022
Bought 8.25 K USD
KUNIN DAVID B
+ 838
9.8465 USD
2 years ago
Feb 14, 2022
Bought 8.42 K USD
KUNIN DAVID B
+ 838
10.05 USD
2 years ago
Feb 11, 2022
Bought 7.81 K USD
KUNIN DAVID B
+ 767
10.18 USD
2 years ago
Feb 08, 2022
Bought 7.67 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 767
10 USD
2 years ago
Feb 07, 2022
Bought 7.81 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 767
10.18 USD
2 years ago
Feb 03, 2022
Bought 10.1 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 995
10.1645 USD
2 years ago
Feb 02, 2022
Bought 10.1 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 995
10.18 USD
2 years ago
Feb 01, 2022
Bought 10.1 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 995
10.1735 USD
2 years ago
Jan 31, 2022
Bought 9.99 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 995
10.0452 USD
2 years ago
Jan 28, 2022
Bought 9.64 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 964
10 USD
2 years ago
Jan 27, 2022
Bought 6.85 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 678
10.1012 USD
2 years ago
Jan 26, 2022
Bought 9.78 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 964
10.1458 USD
2 years ago
Jan 25, 2022
Bought 9.67 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 964
10.0363 USD
2 years ago
Jan 24, 2022
Bought 1.01 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 100
10.1 USD
2 years ago
Jan 20, 2022
Bought 603 USD
KUNIN DAVID B
director, 10 percent owner:
+ 60
10.05 USD
2 years ago
Jan 19, 2022
Bought 8.66 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 852
10.16 USD
2 years ago
Jan 12, 2022
Bought 1.06 K USD
MILLER JAY D
President and CEO
+ 100
10.65 USD
2 years ago
Jan 05, 2022
Bought 1.1 K USD
MILLER JAY D
President and CEO
+ 100
11.05 USD
2 years ago
Dec 29, 2021
Bought 1.03 K USD
MILLER JAY D
President and CEO
+ 100
10.26 USD
2 years ago
Dec 22, 2021
Bought 1.01 K USD
MILLER JAY D
President and CEO
+ 100
10.13 USD
2 years ago
Dec 15, 2021
Bought 1.02 K USD
MILLER JAY D
President and CEO
+ 100
10.2 USD
2 years ago
Dec 08, 2021
Bought 1.06 K USD
MILLER JAY D
President and CEO
+ 100
10.62 USD
2 years ago
Dec 01, 2021
Bought 1.14 K USD
MILLER JAY D
President and CEO
+ 100
11.35 USD
2 years ago
Nov 24, 2021
Bought 991 USD
MILLER JAY D
President and CEO
+ 100
9.91 USD
3 years ago
Nov 17, 2021
Bought 923 USD
MILLER JAY D
President and CEO
+ 100
9.23 USD
3 years ago
Nov 10, 2021
Bought 1.06 K USD
MILLER JAY D
President and CEO
+ 100
10.62 USD
3 years ago
Nov 03, 2021
Bought 991 USD
MILLER JAY D
President and CEO
+ 100
9.91 USD
3 years ago
Oct 27, 2021
Bought 1.08 K USD
MILLER JAY D
President and CEO
+ 100
10.77 USD
3 years ago
Oct 20, 2021
Bought 1.08 K USD
MILLER JAY D
President and CEO
+ 100
10.84 USD
3 years ago
Oct 13, 2021
Bought 1.2 K USD
MILLER JAY D
President and CEO
+ 100
12 USD
3 years ago
Oct 06, 2021
Bought 1.2 K USD
MILLER JAY D
President and CEO
+ 100
11.95 USD
3 years ago
Sep 29, 2021
Bought 1.2 K USD
MILLER JAY D
President and CEO
+ 100
12 USD
3 years ago
Sep 22, 2021
Bought 1.11 K USD
MILLER JAY D
President and CEO
+ 100
11.06 USD
3 years ago
Sep 15, 2021
Bought 1.19 K USD
MILLER JAY D
President and CEO
+ 100
11.89 USD
3 years ago
Sep 13, 2021
Bought 1.2 K USD
MILLER JAY D
President and CEO
+ 100
12 USD
3 years ago
Aug 25, 2021
Bought 1.11 K USD
MILLER JAY D
President and CEO
+ 100
11.14 USD
3 years ago
Aug 18, 2021
Bought 1.09 K USD
MILLER JAY D
President and CEO
+ 100
10.92 USD
3 years ago
Aug 11, 2021
Bought 1.15 K USD
MILLER JAY D
President and CEO
+ 100
11.47 USD
3 years ago
Aug 04, 2021
Bought 1.2 K USD
MILLER JAY D
President and CEO
+ 100
12 USD
3 years ago
Jul 28, 2021
Bought 1.05 K USD
MILLER JAY D
President and CEO
+ 100
10.47 USD
3 years ago
Jul 21, 2021
Bought 943 USD
MILLER JAY D
President and CEO
+ 100
9.43 USD
3 years ago
Jul 14, 2021
Bought 949 USD
MILLER JAY D
President and CEO
+ 100
9.49 USD
3 years ago
Jun 29, 2021
Bought 115 K USD
JONES CHRISTOPHER DEAN
CFO
+ 12970
8.8473 USD
3 years ago
Jun 29, 2021
Bought 71.3 K USD
JONES CHRISTOPHER DEAN
CFO
+ 8625
8.2694 USD
3 years ago
Jun 28, 2021
Bought 14 K USD
JONES CHRISTOPHER DEAN
CFO
+ 1907
7.3346 USD
3 years ago
Jun 25, 2021
Bought 10.8 K USD
JONES CHRISTOPHER DEAN
CFO
+ 1498
7.2277 USD
3 years ago
Dec 28, 2020
Bought 91.2 K USD
JONES CHRISTOPHER DEAN
CFO
+ 14636
6.2304 USD
3 years ago
Dec 23, 2020
Bought 11.5 K USD
JONES CHRISTOPHER DEAN
CFO
+ 2034
5.6605 USD
3 years ago
Dec 22, 2020
Bought 13.6 K USD
JONES CHRISTOPHER DEAN
CFO
+ 2527
5.3834 USD
3 years ago
Nov 20, 2020
Bought 2.15 K USD
Rosenstone Steven J
Director
+ 500
4.3 USD
3 years ago
Nov 19, 2020
Bought 2.16 K USD
Rosenstone Steven J
Director
+ 500
4.33 USD
5 years ago
May 08, 2019
Bought 2.04 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 510
4 USD
5 years ago
May 07, 2019
Bought 5.12 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 1281
4 USD
5 years ago
May 06, 2019
Bought 5.27 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 1318
4 USD
5 years ago
May 02, 2019
Bought 395 USD
KUNIN DAVID B
director, 10 percent owner:
+ 100
3.95 USD
5 years ago
Dec 21, 2018
Bought 40 USD
KUNIN DAVID B
director, 10 percent owner:
+ 10
4 USD
5 years ago
Dec 20, 2018
Bought 6.85 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 1750
3.9129 USD
6 years ago
Sep 13, 2018
Bought 1.96 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 490
4 USD
6 years ago
Aug 23, 2018
Bought 3.32 K USD
KUNIN DAVID B
director, 10 percent owner:
+ 830
4 USD
7 years ago
Aug 21, 2017
Bought 2.55 K USD
KUNIN DAVID B
Director
+ 750
3.3987 USD
7 years ago
Mar 14, 2017
Bought 7.11 K USD
LARSON KENNETH D
Director
+ 2000
3.5556 USD
7 years ago
Nov 30, 2016
Bought 19.8 K USD
KUNIN DAVID B
Director
+ 5000
3.9642 USD
8 years ago
Aug 11, 2016
Bought 1.93 K USD
MURRAY WILLIAM V
Director
+ 500
3.865 USD
8 years ago
Jun 03, 2016
Bought 42.9 K USD
KUNIN DAVID B
Director
+ 11333
3.7829 USD
8 years ago
Jun 02, 2016
Bought 4 K USD
KUNIN DAVID B
Director
+ 1067
3.75 USD
8 years ago
May 18, 2016
Bought 3.66 K USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 975
3.75 USD
8 years ago
May 18, 2016
Bought 7.4 K USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 2000
3.7 USD
8 years ago
Mar 16, 2016
Bought 50 K USD
KUNIN DAVID B
Director
+ 12500
4 USD
9 years ago
Nov 16, 2015
Bought 4.15 K USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 1000
4.15 USD
9 years ago
Nov 11, 2015
Bought 2.45 K USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 600
4.08 USD
9 years ago
Nov 10, 2015
Bought 1.63 K USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 400
4.08 USD
9 years ago
Sep 16, 2015
Bought 2 K USD
LARSON KENNETH D
Director
+ 500
4 USD
9 years ago
Aug 19, 2015
Bought 890 USD
Graff Paula M
V.P. & Chief Financial Officer
+ 216
4.12 USD
9 years ago
Aug 21, 2015
Bought 1.98 K USD
LARSON KENNETH D
Director
+ 500
3.95 USD
9 years ago
Aug 18, 2015
Bought 21 K USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 4998
4.2 USD
9 years ago
Aug 17, 2015
Bought 8.5 USD
WASIELEWSKI RICHARD G
Chief Executive Officer
+ 2
4.25 USD
9 years ago
Aug 11, 2015
Bought 1.65 K USD
Graff Paula M
V.P. & Chief Financial Officer
+ 394
4.19 USD
9 years ago
Aug 10, 2015
Bought 7.04 K USD
Graff Paula M
V.P. & Chief Financial Officer
+ 1725
4.08 USD
11 years ago
Mar 13, 2013
Bought 13.6 K USD
WASIELEWSKI RICHARD G
President
+ 4000
3.41 USD
11 years ago
Mar 12, 2013
Bought 10.3 K USD
WASIELEWSKI RICHARD G
President
+ 3000
3.42 USD
11 years ago
Mar 11, 2013
Bought 10.3 K USD
WASIELEWSKI RICHARD G
President
+ 3000
3.44 USD
14 years ago
Mar 19, 2010
Bought 5.55 K USD
WASIELEWSKI RICHARD G
Chief Financial Officer
+ 1500
3.7 USD
14 years ago
Mar 18, 2010
Bought 1.75 K USD
WASIELEWSKI RICHARD G
Chief Financial Officer
+ 500
3.5 USD
15 years ago
May 18, 2009
Sell 17.4 K USD
Pieper Keith A
Senior Vice President
- 6561
2.65 USD
15 years ago
May 19, 2009
Sell 1.55 K USD
Pieper Keith A
Senior Vice President
- 600
2.59 USD
15 years ago
May 20, 2009
Sell 24 K USD
Pieper Keith A
Senior Vice President
- 9631
2.49 USD
15 years ago
Dec 18, 2008
Sell 14.2 K USD
Pieper Keith A
Senior Vice President
- 3250
4.36 USD
15 years ago
Dec 19, 2008
Sell 870 USD
Pieper Keith A
Senior Vice President
- 200
4.35 USD
15 years ago
Dec 16, 2008
Sell 4.96 K USD
Pieper Keith A
Senior Vice President
- 1125
4.41 USD
15 years ago
Dec 17, 2008
Sell 1.32 K USD
Pieper Keith A
Senior Vice President
- 300
4.4 USD
15 years ago
Dec 11, 2008
Sell 2.86 K USD
Pieper Keith A
Senior Vice President
- 633
4.52 USD
15 years ago
Dec 09, 2008
Sell 938 USD
Pieper Keith A
Senior Vice President
- 200
4.69 USD
16 years ago
May 19, 2008
Sell 4.25 K USD
ANDERLY GARRY M
Senior Vice President
- 500
8.5 USD
16 years ago
May 19, 2008
Sell 4.25 K USD
ANDERLY GARRY M
Senior Vice President
- 500
8.5 USD
19 years ago
Jun 27, 2005
Bought 231 K USD
KUNIN MYRON D
director, 10 percent owner:
+ 37000
6.25 USD
20 years ago
Sep 09, 2004
Bought 2.72 K USD
DEGEN MICHAEL J
Chief Executive Officer
+ 500
5.43 USD
20 years ago
Aug 04, 2004
Bought 348 USD
WASIELEWSKI RICHARD G
Chief Financial Officer
+ 58
6 USD
20 years ago
Aug 03, 2004
Bought 11.7 K USD
WASIELEWSKI RICHARD G
Chief Financial Officer
+ 1942
6 USD
20 years ago
Jun 10, 2004
Bought 306 K USD
KUNIN MYRON D
director, 10 percent owner:
+ 40000
7.64 USD
20 years ago
Jun 08, 2004
Bought 15 K USD
KUNIN MYRON D
director, 10 percent owner:
+ 2125
7.06 USD
7. News
Nortech Systems Incorporated (NSYS) Q3 2024 Earnings Call Transcript Nortech Systems Incorporated (NASDAQ:NSYS ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Andrew LaFrence - Chief Financial Officer and Senior Vice President of Finance Jay Miller - President and Chief Executive Officer Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the Nortech Systems Incorporated Third Quarter 2024 Earnings Conference Call. With me on the line today are Jay Miller, President and Chief Executive Officer; and Andrew LaFrence, Chief Financial Officer and Senior Vice President of Finance. seekingalpha.com - 1 week ago
Nortech Systems Reports Third Quarter Results MINNEAPOLIS, Nov. 07, 2024 (GLOBE NEWSWIRE) -- 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, industrial and defense markets, reported financial results for the third quarter ended September 30, 2024. globenewswire.com - 1 week ago
Nortech Systems Incorporated to Report Third Quarter 2024 Financial Results and Hold a Conference Call on November 7, 2024 MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Nortech Systems Incorporated (Nasdaq: NSYS) (the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, will hold a live conference call and webcast at 7:30 a.m. Central Time on Thursday, November 7, 2024, to discuss the Company's third quarter financial results. The call will be hosted by Jay D. Miller, Chief Executive Officer and President, and Andrew D. C. LaFrence, Chief Financial Officer. To access the live audio conference call, US participants may call 888-506-0062 and international participants may call 973-528-0011. Participant Access Code: 277848. Participants may also access the call via webcast at: https://www.webcaster4.com/Webcast/Page/2814/51403 . globenewswire.com - 3 weeks ago
Nortech Systems Announces Expansion of PCBA Capabilities with IPC-J-STD-001 Space Addendum MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech Systems”, or the “Company), a leading provider of engineering and manufacturing solutions for the aerospace and defense industry, has announced the Company has certified trainers and operators to build printed circuit board assemblies (PCBAs) to the IPC-J-STD-001 Space Addendum standard. Certification to build to the IPC-J-STD-001 Space Addendum standard enhances Nortech System's capabilities in producing PCBAs. businesswire.com - 1 month ago
Nortech Systems Incorporated (NSYS) Q2 2024 Earnings Call Transcript Nortech Systems Incorporated (NASDAQ:NSYS ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Andrew LaFrence - CFO and SVP of Finance Jay Miller - President, CEO and Director Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the Nortech Systems Incorporated Second Quarter 2024 Earnings Conference Call. With me on the line today are Jay Miller, President and Chief Executive Officer; and Andrew LaFrence, Chief Financial Officer and Senior Vice President of Finance. seekingalpha.com - 3 months ago
Nortech Systems Reports Second Quarter Results MINNEAPOLIS, Aug. 08, 2024 (GLOBE NEWSWIRE) -- 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, industrial and defense markets, reported second quarter ended June 30, 2024 financial results. globenewswire.com - 3 months ago
A Dark Web Research Report by Transmit Security Reveals How Threat Actors Are Using GenAI to Fuel Identity Attacks and Fraud BOSTON & TEL AVIV, Israel--(BUSINESS WIRE)--Transmit Security Announces Report Revealing How Threat Actors Use GenAI to Fuel Identity Attacks and Fraud. businesswire.com - 3 months ago
Nortech Systems Announces New Board Member MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech Systems”, or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today the addition of Debarati Sen to the Company's Board of Directors. Ms. Sen is a highly accomplished global business leader with experience driving transformative business performance. businesswire.com - 4 months ago
ServiceNow debuts as a Leader in P&C Claims Management Systems report by independent research firm SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow debuts as a Leader in P&C Claims Management Systems report by independent research firm. businesswire.com - 4 months ago
Nortech Systems Announces Stock Buyback Plan MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech Systems”, or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today the Company's Board of Directors approved a $100,000 common stock buy-back plan. About Nortech Systems Incorporated Nortech Systems is a leading provider of design and manufacturing. businesswire.com - 5 months ago
Nortech Systems Announces New Patent for Active Optical Xtreme for Sophisticated Magnetic Environments, Redefining Connectivity in Digital and Manufacturing Technologies MINNEAPOLIS--(BUSINESS WIRE)-- #AerospaceDefense--Nortech Systems Incorporated (Nasdaq: NSYS) (“Nortech Systems”, or the “Company”), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, today announced the issuance of a new patent for their groundbreaking Active Optical Xtreme (AOX) technology platform. This innovative technology, which integrates cutting-edge transceivers, receiv. businesswire.com - 5 months ago
Nortech Systems Incorporated (NSYS) Q1 2024 Earnings Call Transcript Nortech Systems Incorporated (NASDAQ:NSYS ) Q1 2024 Earnings Conference Call May 16, 2024 4:00 PM ET Company Participants Andrew LaFrence - CFO & SVP of Finance Jay Miller - President, CEO & Director Conference Call Participants Aaron Sallen - Merion Road Capital Management Operator Good afternoon, ladies and gentlemen. And welcome to the Nortech Systems Incorporated First Quarter 2024 Earnings Conference Call. seekingalpha.com - 6 months ago
8. Profile Summary

Nortech Systems Incorporated NSYS

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COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 26.9 M
Dividend Yield 0.00%
Description Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of technical and manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services. The company also provides manufacturing and engineering services for medical devices, printed circuit board assemblies, wire and cable assemblies, and higher-level electromechanical assemblies. In addition, it offers engineering and repair services. The company serves original equipment manufacturers in the aerospace and defense, medical, and industrial markets through business development teams and independent manufacturers' representatives. Nortech Systems Incorporated was founded in 1990 and is headquartered in Maple Grove, Minnesota.
Contact 7550 Meridian Circle North, Maple Grove, MN, 55369 https://www.nortechsys.com
IPO Date June 11, 1993
Employees 733
Officers Ms. Monica Hamling Vice President of People Operations & Culture Mr. Jay Dean Miller President, Chief Executive Officer & Director Mr. Andrew D.C. LaFrence CPA Chief Financial Officer & SVice President of Finance Mr. John Lindeen Senior Vice President of Global Operations Mr. Corey Hancock Vice President of Sales & Business Development Mr. Alan Nordstrom Corporate Controller Mark T. Hooley Secretary