Nortech Systems Reports Third Quarter Results

Sales and Operating Income Increase



Nortech Systems Incorporated (NASDAQ:NSYS) reported net sales of $28.3 million for the third quarter ended Sept. 30, 2011, a nine percent increase over net sales of $26.0 million for the third quarter of 2010. Operating income for the third quarter of 2011 was $420,000, compared to $166,000 for the third quarter of 2010.

For the third quarter of 2011, Nortech Systems reported net income of $183,000, or $0.07 per diluted common share. This compares with net income of $127,000, or $0.05 per diluted common share, for the third quarter of 2010.

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