Brief: Nortech Systems Reports Q2 Loss Per Share Of $0.05

Nortech Systems

11/08/2020 21:40

Aug 11 (Reuters) - Nortech Systems Inc  NSYS.O :
    * NORTECH SYSTEMS ANNOUNCES SECOND-QUARTER 2020 RESULTS,
SALE-LEASEBACK AND PLANT CONSOLIDATION
    * Q2 LOSS PER SHARE $0.05
    * Q2 SALES $26.5 MILLION VERSUS $27.3 MILLION
    * ENTERED INTO SALE AND LEASEBACK AGREEMENTS WITH ESSJAY
INVESTMENT COMPANY
    * EXPECTS NET PROCEEDS FROM SALE, EXCLUDING EXPENSES AND
EXPECTED
TAXES, OF APPROXIMATELY $5 MILLION

Source text for Eikon:  ID:nBw3xQ3Gta 
Further company coverage:  NSYS.O 

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