Eltek Ltd (ELTK) Reports Q3 Loss of $0.23

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Eltek Reports 2018 Third Quarter Financial Results

December 20, 2018 7:00 AM EST

PETACH-TIKVA, Israel, Dec. 20, 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 September 30, 2018.

Mr. Eli Yaffe, Chief Executive Officer, commented: "The third quarter of 2018 was the first quarter in my role as the CEO of Eltek. During this quarter our revenues were $8.5 million, up 10% from Q3-2017 and the net loss decreased to $463,000 from a net loss of $1.2 million in Q3-2017.

"As recently announced, we have... More