How did NSYS's Q3 earnings compare to previous quarters?
4/5/2025 12:34am
Nortech Systems (NSYS) experienced a significant decline in its net income from Q2 to Q3, with the net income dropping from $157,000 to -$739,000. However, the net income in Q3 was an improvement compared to the previous quarter's net loss of $1.48 million. This indicates a slight recovery in the company's financial performance, but it is important to note that the company still has a negative net income in Q3 compared to the positive net income in Q2.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|NSYS|NSYS.O|Nortech Systems|2024 Q1|12.334801762114537|765000|186|
|NSYS|NSYS.O|Nortech Systems|2024 Q2|-75.23659305993691|157000|186|
|NSYS|NSYS.O|Nortech Systems|2024 Q3|-161.22618061309032|-739000|186|
|NSYS|NSYS.O|Nortech Systems|2024 Q4|-133.96139705882354|-1478000|186|