Eltek Ltd. Reports 2022 Third Quarter Financial Results
Eltek Ltd. - Ordinary Shares (ELTK)
US:NASDAQ Investor Relations:
eleceltek.com/en/financial.php?tid=5
Company Research
Source: PR Newswire
PETACH TIKVA, Israel, Nov. 16, 2022 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2022.Third Quarter 2022 HighlightsRevenues were $10.3 millionOperating profit was $1.1 millionProfit before tax was $1.2 million.Net profit was $1.0 million or $0.17 per fully diluted shareNet cash provided by operating activities amounted to $1.7 million"Revenues in the third quarter of 2022 amounted to $10.3 million. This result is in line with the Company's policy to increase production capacity in order to support higher revenues and net income. We estimate that this trend will continue as we will progress in the first phase of our investment program during the years 2023 and 2024. Our backlog continues to be strong as we are benefiting from the growing demand for high-end products, especially in the defense and
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ELTK
News
- Eltek Ltd. (NASDAQ: ELTK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Eltek Announces Filing of 2023 Annual Report [Yahoo! Finance]Yahoo! Finance
- Eltek Announces Filing of 2023 Annual ReportPR Newswire
- Eltek Ltd.'s (NASDAQ:ELTK) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong? [Yahoo! Finance]Yahoo! Finance
- ELTK: Eltek future growth profile supports price target of $18.00 per share. [Yahoo! Finance]Yahoo! Finance
ELTK
Earnings
- 3/11/24 - Miss
ELTK
Sec Filings
- 3/26/24 - Form 6-K
- 3/26/24 - Form 20-F
- 3/11/24 - Form 6-K
- ELTK's page on the SEC website