Eltek Ltd (ELTK) Reports Q4 Loss of $0.16

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Go back to Eltek Ltd (ELTK) Reports Q4 Loss of $0.16

Eltek Reports Fourth Quarter and Full Year 2016 Financial Results

March 27, 2017 7:00 AM EDT

PETACH-TIKVA, Israel, March 27, 2017  /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, 2016.

Mr. Yitzhak Nissan, Chairman of the Board and Chief Executive Officer, commented: "Our fourth quarter revenues of $8.1 million were lower than the $10.4 million of  revenues we had in the fourth quarter of 2015. The decrease was... More