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Nortech Systems Inc. (NSYS)
NASDAQ:NSYS
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 3.20%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The call reflects a challenging quarter with significant declines in net sales, gross profit, and adjusted EBITDA. However, strategic realignments, innovative product developments, and a strong North American footprint provide optimism for future growth.Company Guidance
During Nortech Systems Inc.'s First Quarter 2025 Earnings Conference Call, the guidance provided highlighted several key metrics and strategic insights. Net sales for Q1 2025 were reported at $26.9 million, reflecting a 21.4% decrease from $34.2 million in Q1 2024, primarily due to delays in aerospace and defense customer approvals and manufacturing inefficiencies. The company experienced a gross profit of $3.1 million, or 11.1% of net sales, compared to 15.9% the previous year. Nortech's adjusted EBITDA for Q1 2025 was negative $1 million, a significant decline from $1.6 million in the same quarter of 2024. Inventory levels decreased to $20.9 million from $21.6 million at the end of 2024, with plans for further reductions. The company emphasized its strategic initiatives in near-shoring, restructuring, and leveraging its maquiladora operations to mitigate tariff impacts, alongside a robust pipeline of quoting opportunities driven by its fiber optic innovations. Looking forward, Nortech anticipates improved order volume following the completion of aerospace and defense customer approvals and aims to strengthen its balance sheet while focusing on sustainable long-term EBITDA growth.Stabilization of Customer Backlog
The customer backlog stabilized as of March 31, 2025, compared to the end of 2024, with a robust pipeline of customer quote opportunities.
North American Footprint Strength
Nortech's North American footprint, specifically the Monterrey maquiladora operations and Minnesota facilities, positions the company well under the framework of the USMCA, reducing direct exposure to tariffs.
Strategic Realignment and Cost Management
Significant actions were undertaken to reduce the cost structure, including the closure of the Blue Earth facility and reduction of headquarters lease space. The restructuring is expected to improve long-term EBITDA generation.
Increased Engineering Opportunities
Opportunities to help customers with Nortech engineering services and near-shoring activities are increasing due to tariff uncertainties.
Innovative Product Developments
Nortech announced advancements like the Expanded Beam Xtreme (EBX) and Active Optical Xtreme (AOX) technologies, enhancing digital data transmission speed, reliability, and security.
NSYS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NSYS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $8.75 | $8.60 | -1.71% |
Mar 31, 2025 | $10.00 | $9.50 | -5.00% |
Nov 07, 2024 | $11.80 | $10.24 | -13.22% |
Aug 08, 2024 | $13.77 | $13.10 | -4.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nortech Systems Inc. (NSYS) report earnings?
Nortech Systems Inc. (NSYS) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Nortech Systems Inc. (NSYS) earnings time?
Nortech Systems Inc. (NSYS) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NSYS EPS forecast?
Currently, no data Available