Eltek Ltd. Reports 2024 First 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, May 21, 2024 /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 March 31, 2024.First Quarter 2024 HighlightsRevenues were $11.8 million, up 3% over Q1 2023Operating profit was $1.7 million, up 8% over Q1 2023Net income was $1.7 million or $0.27 per fully diluted share, up 11% over Q1 2023Net cash provided by operating activities amounted to $1.3 million."We have ended another successful quarter with net income of $1.74 million, compared to $1.56 million in the first quarter of 2023, an increase of 11%. Revenues reached $11.8 million, marking a 3% rise compared to the same period last year. These results are the outcome of our continuous investment in increasing efficiency and quality. We have seen a consistent uptrend in both product orders and requests for quotations during the quarter. Recent
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News
- A Look At The Intrinsic Value Of Eltek Ltd. (NASDAQ:ELTK) [Yahoo! Finance]Yahoo! Finance
- Eltek Ltd. (NASDAQ: ELTK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Eltek First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Eltek Ltd. Reports 2024 First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Eltek Ltd. (NASDAQ: ELTK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
ELTK
Earnings
- 5/21/24 - Beat
ELTK
Sec Filings
- 6/6/24 - Form SC
- 5/28/24 - Form 6-K
- 5/23/24 - Form 144
- ELTK's page on the SEC website