Eltek Ltd (ELTK) Swings to Q3 Profit

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Go back to Eltek Ltd (ELTK) Swings to Q3 Profit

Eltek Reports Net Profit in the Third Quarter of 2015

November 10, 2015 3:34 AM EST

PETACH-TIKVA, Israel, Nov. 10, 2015 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK) (the "Company"), 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 three and nine month periods ended September 30, 2015.

Revenues for the quarter ended September 30, 2015 were $10.8 million compared to revenues of $11.7 million in the third quarter of 2014.

Gross profit for the third quarter of 2015 was $1.7 million (15.9% of revenues) compared to gross profit of $1.5 million (12.8% of revenues) in the third quarter of 2014.... More