Nortech Systems: Set for best day ever on improved results

Nortech Systems

13/11/2019 17:07

** Shares of the electronics manufacturing and engineering
co  NSYS.O  more than double to $6.06, set for best day ever if
gains hold
    ** NSYS reports higher Q3 revenue and profit, citing
continued operational efficiencies amid component shortage
issues  urn:newsml:reuters.com:*:nBw1WfN8Wa
    ** "We continue to expect to deliver on our backlog for the
remainder of the year, which is amongst the highest Nortech
backlog in 10 years " - CEO Jay Miller
    ** Stock top Nasdaq percentage gainer
    ** Including session gains, stock up ~70% YTD

 (Reporting by Ambhini Aishwarya in Bengaluru)
 ((Ambhini.Aishwarya@thomsonreuters.com; within U.S.+1 646 223
8780; outside U.S. +91 80 6749 0543;))