Detail akcie Nortech Sys online

Business Summary: Nortech Systems, Inc. is a provider of design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies, and components. The Company design services span concept development to commercial design, and include medical device, software, electrical, mechanical, and biomedical engineering. It offers a full range of value-added engineering, technical and manufacturing services and support, including project management, designing, testing, prototyping, manufacturing, supply chain management and post-market services. Its manufacturing and engineering services include complex electromedical and electromechanical products, including medical devices, wire and cable assemblies, printed circuit board assemblies, complex higher-level assemblies and other box builds for a range of industries. The Company primarily serves original equipment manufacturers (OEMs) in the medical imaging, medical device, aerospace & defense, and industrial markets.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Nortech Systems Inc revenues decreased 8% to $128.1M. Net loss totaled $1.3M vs. income of $6.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Contract Manufacturing segment loss totaling $195K vs. income of $6M. Basic Earnings per Share excluding Extraordinary Items decreased from $2.53 to -$0.47.