Nortech Q1 FY26 net loss narrows to $34,000; net sales rise 12.7% to $30.32 million

PUBT·05/13/2026 20:34:17

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Nortech Systems posted a net loss of USD 34,000, or USD 0.01 per basic share, in Q1 2026, narrowing from a year-earlier loss of USD 1.32 million, or USD 0.48 per share.
Net sales rose 12.7% to USD 30.32 million versus Q1 2025.
Adjusted EBITDA swung to USD 350,000 from a loss of USD 1 million a year earlier.
90-day backlog climbed to USD 31.5 million as of March 31, 2026, while total backlog stood at USD 90.8 million.
Management cited improving gross margins, manufacturing efficiency, and quality metrics, and said it closed USD 17.2 million in debt financing in March.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nortech Systems Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022756), on May 13, 2026, and is solely responsible for the information contained therein.

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