Nortech Systems Third Quarter 2023 Earnings: EPS: US$0.44 (vs US$0.57 in 3Q 2022)

Nortech Systems (NASDAQ:NSYS) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$33.4m (down 5.4% from 3Q 2022).
• Net income: US$1.21m (down 21% from 3Q 2022).
• Profit margin: 3.6% (down from 4.3% in 3Q 2022). The decrease in margin was driven by lower revenue.
• EPS: US$0.44 (down from US$0.57 in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nortech Systems shares are up 10% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Nortech Systems that you should be aware of.

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