Nortech Systems Announces the Addition of Stacy Kruse to its Board of Directors

MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), 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 addition of Stacy Kruse to its board of directors. Ms. Kruse will contribute strategic capabilities in finance and operations to support Nortech’s […]

Nortech Systems Announces First Quarter 2021 Results

Revenue Declines (19.6%); GAAP Net Loss of ($1.6) million Adjusted EBITDA loss of ($1.5) million for Fiscal First Quarter of 2021 Compared to $1.0 million in Fiscal First Quarter 2020 Monthly Bookings Trends Improving. Solid 90-day Backlog of $63 million, Improved $14 million or +29% vs 12/31/20 Balance Sheet Remains Strong with $7.6 million Unused […]