Nortech Systems, Inc. (NSYS) Reports Q4 EPS of $0.04
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Nortech Systems Reports Fourth Quarter Results
March 9, 2016 4:06 PM ESTQuarterly Sales and Operating Profits Increase
MINNEAPOLIS--(BUSINESS WIRE)-- Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $31.4 million for the fourth quarter ended December 31, 2015, a three percent increase over net sales of $30.4 million for the fourth quarter of 2014. Net sales for the 2015 fiscal year ended December 31 rose three percent, to $115.2 million, compared with $112.0 million reported for fiscal 2014.
For the fourth quarter of 2015, operating income was $329,000, compared with $318,000 for the fourth quarter of 2014. Fourth quarter net income of $123,000, or $0.04 per diluted... More
