Eltek Ltd (ELTK) Reports Q2 EPS of $0.04

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Eltek Reports Net Profit in the Second Quarter of 2015

August 12, 2015 3:15 AM EDT

PETACH-TIKVA, Israel, Aug. 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 June 30, 2015.

Revenues for the quarter ended June 30, 2015 were $10.4 million compared to revenues of $12 million in the second quarter of 2014.

Gross profit for the second quarter of 2015 was $1.9 million (18.3% of revenues) compared to gross profit of $1.7 million (13.9% of revenues) in the second quarter of 2014.

Operating profit for the second... More