Nortech Systems Third Quarter 2024 Earnings: US$0.27 loss per share (vs US$0.44 profit in 3Q 2023)

Nortech Systems (NASDAQ:NSYS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$31.4m (down 5.9% from 3Q 2023).
• Net loss: US$739.0k (down by 161% from US$1.21m profit in 3Q 2023).
• US$0.27 loss per share (down from US$0.44 profit in 3Q 2023).

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

Nortech Systems shares are down 17% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Nortech Systems you should be aware of, and 1 of them is significant.

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