Eltek Ltd (ELTK) Reports Q1 Loss of $0.02

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Go back to Eltek Ltd (ELTK) Reports Q1 Loss of $0.02

Eltek Reports First Quarter 2015 Financial Results

May 12, 2015 3:52 AM EDT

PETACH-TIKVA, Israel, May 12, 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 quarter ended March 31, 2015.

Revenues for the quarter ended March 31, 2015 were $9.7 million compared to revenues of $12.3 million in the first quarter of 2014.

Gross profit for the first quarter of 2015 was $1.2 million (12.6% of revenues) compared to gross profit of $1.5 million (12.3% of revenues) in the first quarter of 2014.

Operating loss for the first... More