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Last $4.88 USD
Change Today -0.03 / -0.61%
Volume 1.2K
NSYS On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

nortech systems inc (NSYS) Key Developments

Nortech Systems, Inc. Plans to Move to New Corporate Headquarters by Early July 2015

Nortech Systems Inc. announced that it will be moving to a new corporate headquarters by early July 2015. The company signed a lease for a 19,000 square-foot facility at 7550 Meridian Circle, Suite 150, Maple Grove, Minn. In addition to the executive team, Nortech’s business development, engineering, sourcing and support services teams will be moving from the current Wayzata location to this new facility.

Kathleen Iverson Joins Nortech Systems Inc.'s Board of Directors

Nortech Systems Inc. announced that Kathleen Iverson has joined its Board of Directors. Since October 2014 she has served as CEO (Consulting) of Black Hills IP. Iverson currently serves on the Board of Directors of MOCON Inc. She previously served on the Board of Directors of Speed Commerce Inc.

Nortech Systems Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Nortech Systems Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $30,446,176 against $29,293,064 a year ago. Income from operations was $318,391 against $482,126 a year ago. Income before income taxes was $222,462 against $377,150 a year ago. Net income was $214,462 or $0.08 basic and diluted per share against $241,150 or $0.09 basic and diluted per share a year ago. For the year, the company reported net sales of $112,041,650 against $111,058,439 a year ago. Income from operations was $1,328,607 against $1,455,035 a year ago. Income before income taxes was $961,017 against $1,087,376 a year ago. Net income was $880,017 or $0.32 basic and diluted per share against $787,376 or $0.29 basic and diluted per share a year ago.

Nortech Systems Inc. to Report Q4, 2014 Results on Mar 11, 2015

Nortech Systems Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 11, 2015

Nortech Systems Inc., Q4 2014 Earnings Call, Mar 12, 2015

Nortech Systems Inc., Q4 2014 Earnings Call, Mar 12, 2015

 

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Industry Average

Valuation NSYS Industry Range
Price/Earnings 15.3x
Price/Sales 0.1x
Price/Book 0.6x
Price/Cash Flow 15.3x
TEV/Sales 0.0x
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