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GlobeNewswire·

Nortech Systems Reports Second Quarter Results

  • Nortech Systems Incorporated reported net sales of $33.5 million for Q2 2026, an increase from $30.7 million in Q2 2025.
  • Net income for Q2 2026 reached $316 thousand ($0.11 per share) compared to $313 thousand ($0.12 per share) in the prior year period.
  • Adjusted EBITDA for the quarter was $938 thousand, down from $1.1 million in Q2 2025.
  • The 90-day backlog stood at $33.4 million as of June 30, 2026, compared to $26.6 million a year earlier.
  • Total backlog increased 20% to $93.8 million as of June 30, 2026, from the previous year's total.
  • Year-to-date net sales for the six months ended June 30, 2026, were $63.856 million, representing a 10.9% increase over the same period in 2025.
  • Year-to-date net income for the first half of 2026 was $282 thousand, a significant improvement from a net loss of $1.003 million in 2025.
  • Gross profit margin improved to 17.0% in Q2 2026 from 15.8% in Q2 2025, with gross profit rising 17.9% year-over-year.
  • Management cited strong bookings, a growing backlog, & customer interest in nearshoring & regional manufacturing strategies as key drivers.
  • A conference call to discuss the results is scheduled for August 12, 2026, at 3:30 p.m. central time, hosted by CEO Jay D. Miller & CFO Andrew D. C. LaFrence.