Nortech Systems Incorporated reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 35.02 million compared to USD 32.52 million a year ago. Net income was USD 0.634 million compared to USD 0.719 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.25 a year ago.
For the six months, sales was USD 69.91 million compared to USD 63.23 million a year ago. Net income was USD 1.32 million compared to USD 0.857 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.3 a year ago.