Eltek Ltd (ELTK) Reports Q2 EPS of $0.02

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Eltek Reports 2016 Second Quarter Financial Results

August 10, 2016 5:00 AM EDT

PETACH-TIKVA, Israel, Aug. 10, 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 second quarter ended June 30, 2016.

Mr. Yitzhak Nissan, Chairman of the Board and Chief Executive Officer, commented: "Revenues in the second quarter of 2016 amounted to $9.9 million, slightly lower (5%) than revenues in the second quarter of last year. The revenues reflect the continued competition in the Israeli market for high end products. Revenues from the North... More