Eltek Ltd (ELTK) Reports Q2 Loss of $0.42/Share

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Go back to Eltek Ltd (ELTK) Reports Q2 Loss of $0.42/Share

Eltek Reports 2018 Second Quarter Financial Results

September 27, 2018 6:56 AM EDT

PETAH-TIKVA, Israel, Sept. 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 June 30, 2018.

Mr. Yitzhak Nissan, Chairman of the Board commented: "Revenues in Q2 2018 were $8.7 million, up 16% from Q2 2017, and we incurred a net loss of $843,000, 22% less than in Q2 2017. We recently appointed Mr. Eli Yaffe, who has a proven track record as a CEO in the defense and aerospace industries, as chief... More