Eltek Ltd (ELTK) Swings to Q4 Profit

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Eltek Reports Fourth Quarter and Full Year 2015 Financial Results

March 23, 2016 7:00 AM EDT

PETACH-TIKVA, Israel, March 23, 2016 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of Printed Circuit Boards, announced today its financial results for the fourth quarter and full year ended December 31, 2015.

Mr. Yitzhak Nissan, Chairman of the Board and Chief Executive Officer, commented: "We are pleased with the results of the fourth quarter and full year of 2015, which reflect a significant and continued improvement in Eltek's gross profit and gross margins, and a transition to a net profit. This was... More