Eltek Ltd. Receives an Additional Order for up to $1.4 Million From a Governmental Authority
Eltek Ltd. - Ordinary Shares (ELTK)
US:NASDAQ Investor Relations:
eleceltek.com/en/financial.php?tid=5
Company Research
Source: PR Newswire
PETACH-TIKVA, Israel, Jan. 9, 2020 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that following our July 24 2017 Press Release, the governmental authority has exercised its option to extend the contract and placed a follow-on order to an existing project in an amount of up to approximately $1.4 million. The customer extended the project for an additional two years period, during which Eltek will be required to meet agreed milestones. Payments to Eltek shall be made subject to the fulfillment of each milestone. The extension of the project is expected to generate total aggregate revenues of approximately $1.4 million. In addition, to enable the execution of the project, the costumer shall lend the Company, for no consideration, equipment in a total value of approximately $630,000.Mr. Eli Yaffe, Chief Executive Officer, commented: "The original selection of Eltek
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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