Eltek Ltd (ELTK) Reports Q4 Loss of $0.18/Share

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Go back to Eltek Ltd (ELTK) Reports Q4 Loss of $0.18/Share

Eltek Reports Fourth Quarter and Full Year 2014 Financial Results

April 2, 2015 6:30 AM EDT

PETACH-TIKVA, Israel, April 2, 2015 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), the leading Israeli manufacturer of advanced circuitry solutions, including complex build ups of rigid and flex-rigid printed circuit boards, announced today its financial results for the full year ended December 31, 2014.

Full year of 2014:

Revenues for the full year ended December 31, 2014 were $46.6 million compared to revenues of $50.2 million recorded in 2013. 

Gross profit for the full year of 2014 was $6 million (12.9% of revenues) compared to gross profit of $8 million (15.9% of revenues) in 2013.

Operating loss for the full year of... More