Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $4.30 USD
Change Today -0.038 / -0.88%
Volume 875.0
NSYS On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

nortech systems inc (NSYS) Snapshot

Open
$4.38
Previous Close
$4.34
Day High
$4.38
Day Low
$4.17
52 Week High
11/17/14 - $6.80
52 Week Low
06/17/14 - $3.93
Market Cap
11.8M
Average Volume 10 Days
3.7K
EPS TTM
$0.22
Shares Outstanding
2.7M
EX-Date
--
P/E TM
19.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for NORTECH SYSTEMS INC (NSYS)

nortech systems inc (NSYS) Related Bloomberg News

View More Bloomberg News

nortech systems inc (NSYS) Related Businessweek News

View More BusinessWeek News

nortech systems inc (NSYS) Details

Nortech Systems Incorporated operates as an electronic manufacturing services company. The company provides value-added technical and manufacturing services, and support services, including project management, design, testing, prototyping, manufacturing, and supply chain management. Its manufacturing and engineering services include medical devices, printed circuit board assemblies, wire and cable assemblies, and higher level electromechanical assemblies. The company also provides repair services. It serves original equipment manufacturers in the aerospace and defense, medical, life science, and industrial markets through business development teams and independent manufacturers’ representatives. The company sells its production to customers in the United States and internationally. Nortech Systems Incorporated was founded in 1981 and is headquartered in Wayzata, Minnesota.

700 Employees
Last Reported Date: 03/11/15
Founded in 1981

nortech systems inc (NSYS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $263.2K
Chief Financial Officer and Vice President
Total Annual Compensation: $174.8K
Chief Marketing & Sales Officer and Senior Vi...
Total Annual Compensation: $199.7K
Executive Chairman and Consultant
Total Annual Compensation: $148.9K
Compensation as of Fiscal Year 2014.

nortech systems inc (NSYS) Key Developments

Nortech Systems Inc. Amends and Restates its Credit Agreement with Wells Fargo Bank, National Association

Nortech Systems Incorporated entered into the Seventh Amendment to its Third Amended and Restated Credit Agreement with Wells Fargo Bank, National Association (the “Amended Credit Agreement”).  The Seventh Amendment provides for a $15.0 million line of credit through May 31, 2018, which is a $1.5 million increase from the existing line of credit under the Amended Credit Agreement.  The Seventh Amendment also provides a new equipment term note in the amount of approximately $1.0 million, which is in addition to the existing equipment term notes outstanding under the Amended Credit Agreement in the aggregate amount of approximately $2.7 million, all of which equipment term notes having a maturity date of May 31, 2018.  In addition, the Seventh Amendment provides for a new term loan of up to $1.0 million for capital expenditures to be made prior to May 31, 2018 with a maturity date of May 31, 2018.  The Seventh Amendment did not amend any terms of the two real estate term loans outstanding in an aggregate amount of approximately $3.5 million under the existing Amended Credit Agreement.

Nortech Systems Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Nortech Systems Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported net sales of $26.5 million for the first quarter ended March 31, 2015, compared with $26.1 million in the first quarter of 2014. The company reported an operating loss was $202,000 compared with operating income of $236,000 for the same period in 2014. The net loss was $193,000, or $0.07 per diluted common share compared to net income of $86,000, or $0.03 per diluted common share, for the first quarter of 2014. After finishing 2014 strong, first-quarter profitability was impacted by a number of factors. These included product mix, ramp-up costs for new programs and global economic conditions. Loss before income taxes was $296,787 compared with income before income taxes of $136,157 for the same period in 2014.

Nortech Systems Inc. to Report Q1, 2015 Results on May 06, 2015

Nortech Systems Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on May 06, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NSYS:US $4.30 USD -0.038

NSYS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for NSYS.
View Industry Companies
 

Industry Analysis

NSYS

Industry Average

Valuation NSYS Industry Range
Price/Earnings 19.8x
Price/Sales 0.1x
Price/Book 0.5x
Price/Cash Flow 19.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORTECH SYSTEMS INC, please visit www.nortechsys.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.