Eltek Ltd., together with its subsidiaries, manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs; and flexible circuitry, such as flex and flex-rigid boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.
IPO Year: 1997
Exchange: NASDAQ
Website: nisteceltek.com
PETACH TIKVA, Israel, Nov. 19, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues were $13.5 million, up 14 % over Q3 2023Operating profit was $1.9 millionProfit before tax was $2.0 millionNet income was $1.7 million or $0.25 per fully diluted shareAs of September 30, 2024, cash and cash equivalents amounted $18.1 million"In the third quarter of 2024, we delivered strong financial results. We generated a record of $13.5 million in sales, bringing our revenues
PETACH-TIKVA, Israel, Nov. 12, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the third quarter of 2024 before the market opens on Tuesday, November 19, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Tuesday, November 19, 2024, at 9:00 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Office
PETACH TIKVA, Israel, Aug. 15, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenues were $10.5 millionOperating profit was $0.4 millionProfit before tax was $0.9 millionNet income was $0.8 million or $0.11 per fully diluted shareAs of June 30, 2024 cash and cash equivalents amounted $18.3 million."Eltek has demonstrated consistent growth over the past several quarters, driven by our commitment to innovation and customer satisfaction. However, this quarter, we ex
PETACH-TIKVA, Israel, Aug. 5, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, August 15, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Thursday, August 15, 2024, at 9:30 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Offi
PETACH TIKVA, Israel, May 21, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Revenues were $11.8 million, up 3% over Q1 2023Operating profit was $1.7 million, up 8% over Q1 2023Net income was $1.7 million or $0.27 per fully diluted share, up 11% over Q1 2023Net cash provided by operating activities amounted to $1.3 million."We have ended another successful quarter with net income of $1.74 million, compared to $1.56 million in the first quarter of 2023, an increase of 1
PETACH-TIKVA, Israel, May 13, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the first quarter of 2024 before the market opens on Tuesday, May 21, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Tuesday, May 21, 2024, at 8:30 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Officer. To part
PETACH TIKVA, Israel, March 11, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the full year and fourth quarter ended December 31, 2023. Full Year and Fourth Quarter 2023 Highlights Revenues: Full-year revenue soared to a record $46.7 million in 2023, representing 18% year-over-year growth. This remarkable growth is attributed to our increased production capacity and to our continued commitment to delivering high-quality PCB solutions to our valued customers.Profitability: Net income reached $6.4 million in 2023, reflecting almost
PETACH-TIKVA, Israel, Feb. 29, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the fourth quarter and year ended December 31, 2023, before the market opens on Monday, March 11, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Monday, March 11, 2024, at 9:00 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund,
PETACH-TIKVA, Israel, Nov. 28, 2023 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that its Board of Directors has declared a cash dividend in the amount of US$0.22 per share and in the aggregate an amount of approximately US$1.3 million. The dividend is payable on December 21, 2023, in US dollars, to all of the Company's shareholders of record as of December 13, 2023. The dividend is subject to a withholding tax at the rate of 25%. "We are proud to announce the dividend to be distributed to Eltek's shareholders. We believe that this dividend reflects all of the ha
PETACH TIKVA, Israel, Nov. 16, 2023 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2023. Third Quarter 2023 Highlights Revenues were $11.9 million, up 15% over Q3 2022Operating profit was $2.3 million, up 105% over Q3 2022Profit before tax was $2.6 million compared to $1.2 million at Q3 2022.Net income was $2.1 million or $0.36 per fully diluted share, up 114% over Q3 2022As of September 30, 2023, cash and cash equivalents amounted $11.3 million compared to $8.3 million at the end of the previous quarter.
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PETACH TIKVA, Israel, Nov. 19, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues were $13.5 million, up 14 % over Q3 2023Operating profit was $1.9 millionProfit before tax was $2.0 millionNet income was $1.7 million or $0.25 per fully diluted shareAs of September 30, 2024, cash and cash equivalents amounted $18.1 million"In the third quarter of 2024, we delivered strong financial results. We generated a record of $13.5 million in sales, bringing our revenues
PETACH-TIKVA, Israel, Nov. 12, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the third quarter of 2024 before the market opens on Tuesday, November 19, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Tuesday, November 19, 2024, at 9:00 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Office
PETACH TIKVA, Israel, Sept. 9, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, is pleased to announce the appointment of Tomer Segev as its new Vice President of Marketing and Sales, effective immediately. With over 20 years of experience in the technology and electronics industries, Tomer Segev brings a wealth of knowledge in driving global sales growth, executing strategic marketing initiatives, and expanding market presence. He will oversee Eltek's global sales operations, lead the marketing team, and play a pivotal role in expanding the company's footprint across key marke
PETACH TIKVA, Israel, Aug. 27, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it received orders totaling $3.5 million from two defense customers. The products are with high technology requirements and to be delivered beginning in the fourth quarter of 2024 through the end of 2026. The Company expects to receive additional long-term orders from these customers in the near term. "The orders are in accordance with our policy of striving for long-term orders which allow optimal production planning and maximum efficiency and profitability," commented Eli Yaff
PETACH TIKVA, Israel, Aug. 15, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenues were $10.5 millionOperating profit was $0.4 millionProfit before tax was $0.9 millionNet income was $0.8 million or $0.11 per fully diluted shareAs of June 30, 2024 cash and cash equivalents amounted $18.3 million."Eltek has demonstrated consistent growth over the past several quarters, driven by our commitment to innovation and customer satisfaction. However, this quarter, we ex
PETACH-TIKVA, Israel, Aug. 5, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, August 15, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Thursday, August 15, 2024, at 9:30 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Offi
PETACH TIKVA, Israel, May 21, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Revenues were $11.8 million, up 3% over Q1 2023Operating profit was $1.7 million, up 8% over Q1 2023Net income was $1.7 million or $0.27 per fully diluted share, up 11% over Q1 2023Net cash provided by operating activities amounted to $1.3 million."We have ended another successful quarter with net income of $1.74 million, compared to $1.56 million in the first quarter of 2023, an increase of 1
PETACH-TIKVA, Israel, May 13, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it will release its financial results for the first quarter of 2024 before the market opens on Tuesday, May 21, 2024. Eltek's financial results will be released over the news wires and will be posted on its corporate website at: http://www.nisteceltek.com. On Tuesday, May 21, 2024, at 8:30 a.m. Eastern Time, Eltek will conduct a conference call to discuss the results. The call will feature remarks by Eli Yaffe, Chief Executive Officer and Ron Freund, Chief Financial Officer. To part
PETACH-TIKVA, Israel, March 26, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it filed its annual report, containing audited consolidated financial statements for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission. The annual report is available on the Company's website at www.nisteceltek.com. Shareholders may receive a hard copy of the annual report free of charge upon request. About Eltek Eltek – "Innovation Across the Board", is a global manufacturer and supplier of technologically advanced solutions in the field of printed
PETACH TIKVA, Israel, March 11, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the full year and fourth quarter ended December 31, 2023. Full Year and Fourth Quarter 2023 Highlights Revenues: Full-year revenue soared to a record $46.7 million in 2023, representing 18% year-over-year growth. This remarkable growth is attributed to our increased production capacity and to our continued commitment to delivering high-quality PCB solutions to our valued customers.Profitability: Net income reached $6.4 million in 2023, reflecting almost
PETACH TIKVA, Israel, Sept. 9, 2024 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, is pleased to announce the appointment of Tomer Segev as its new Vice President of Marketing and Sales, effective immediately. With over 20 years of experience in the technology and electronics industries, Tomer Segev brings a wealth of knowledge in driving global sales growth, executing strategic marketing initiatives, and expanding market presence. He will oversee Eltek's global sales operations, lead the marketing team, and play a pivotal role in expanding the company's footprint across key marke
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