Eltek Ltd (ELTK) Reports Q1 Loss of $0.33 on Revenues of $8.9M

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Go back to Eltek Ltd (ELTK) Reports Q1 Loss of $0.33 on Revenues of $8.9M

Eltek Reports 2018 First Quarter Financial Results

June 27, 2018 7:03 AM EDT

PETACH-TIKVA, Israel, June 27, 2018 /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 quarter ended March 31, 2018.

Mr. Yitzhak Nissan, Chairman of the Board and Chief Executive Officer, commented: "Our revenues in the first quarter of 2018 increased to $8.9 million, compared to revenues of $8.5 million in the first quarter of 2017. While we are still facing challenges in our manufacturing operations, we are deploying our best resources to resolve them."... More