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

SC 13D/A - ELTEK LTD (0001024672) (Subject)

SC 13D/A - ELTEK LTD (0001024672) (Subject)

SC 13D/A - ELTEK LTD (0001024672) (Subject)

SC 13D/A - ELTEK LTD (0001024672) (Subject)

SC 13D/A - ELTEK LTD (0001024672) (Subject)

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

Eltek (NASDAQ:ELTK) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.26 by 3.85 percent. This is unchanged from the same period last year. The company reported quarterly sales of $11.78 million which missed the analyst consensus estimate of $12.00 million by 1.81 percent. This is a 2.73 percent increase over sales of $11.47 million the same period last year.

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index turning higher on Monday. The Dow traded up 0.08% to 38,753.49 while the NASDAQ fell 0.20% to 16,052.34. The S&P 500 also fell, dropping, 0.14% to 5,116.66. Check This Out: Cramer Says This Healthcare Stock Can Go Higher, Calls Manhattan Associates 'A Winner'   Leading and Lagging Sectors   Materials shares jumped by 0.9% on Monday. In trading on Monday, industrials shares fell by 0.8%.   Top Headline   EQT Corporation (NYSE:EQT) announced that it entered into a definitive merger agreement to acquire Equitrans Midstream Corporation (NYSE:ETRN).   Equities Trading UP   GDS Holdings Limited (NASDAQ:GD

Shares of Mesoblast Limited (NASDAQ:MESO) rose sharply during Monday’s session after the company announced FDA support of an accelerated approval pathway for rexlemestrocel-L in end-stage heart failure patients. Mesoblast shares jumped 13.4% to $2.4399 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Kidpik Corp. (NASDAQ:PIK) gained 238% to $9.15. Kidpik recently announced a 1-for 5 reverse stock split. TC Biopharm (Holdings) Plc (NASDAQ:TCBP) shares surged 149% to $2.6450. TRxADE HEALTH, Inc. (NASDAQ:MEDS) gained 114.6% to $17.26. TRxADE Health recently announced a special cash dividend of $8 per share. Fangdd Network Group Ltd. (NASDAQ:DUO) shares

U.S. stocks traded lower midway through trading, with the Dow Jones index dipping over 50 points on Monday. The Dow traded down 0.16% to 38,662.09 while the NASDAQ fell 0.26% to 16,043.75. The S&P 500 also fell, dropping, 0.27% to 5,110.11. Check This Out: Cramer Says This Healthcare Stock Can Go Higher, Calls Manhattan Associates 'A Winner'   Leading and Lagging Sectors   Materials shares jumped by 0.3% on Monday. In trading on Monday, industrials shares fell by 1.1%.   Top Headline   EQT Corporation (NYSE:EQT) announced that it entered into a definitive merger agreement to acquire Equitrans Midstream Corporation (NYSE:ETRN).   Equities Trading UP   GDS Holdings Limited (NA

U.S. stocks traded lower this morning, with the Dow Jones index dipping around 100 points on Monday. Following the market opening Monday, the Dow traded down 0.27% to 38,618.51 while the NASDAQ fell 0.16% to 16,058.93. The S&P 500 also fell, dropping, 0.24% to 5,111.38. Check This Out: Cramer Says This Healthcare Stock Can Go Higher, Calls Manhattan Associates 'A Winner'   Leading and Lagging Sectors   Materials shares jumped by 0.6% on Monday. In trading on Monday, information technology shares fell by 0.9%.   Top Headline   Eltek Ltd. (NASDAQ:ELTK) posted downbeat earnings for its fourth quarter on Monday. Eltek posted quarterly earnings of 22 cents per share, missing market

Eltek (NASDAQ:ELTK) reported quarterly earnings of $0.22 per share which missed the analyst consensus estimate of $0.31 by 29.03 percent. This is a 57.14 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $12.32 million which beat the analyst consensus estimate of $12.20 million by 0.99 percent. This is a 17.58 percent increase over sales of $10.48 million the same period last year.

Companies Reporting Before The Bell • Ballard Power Systems (NASDAQ:BLDP) is estimated to report quarterly loss at $0.13 per share on revenue of $34.20 million. • Endeavor Gr Hldgs (NYSE:EDR) is likely to report quarterly earnings at $0.02 per share on revenue of $49.47 million. • SilverCrest Metals (AMEX:SILV) is likely to report quarterly earnings at $0.10 per share on revenue of $44.09 million. • Global X Silver Miners ETF (NYSE:SIL) is likely to report quarterly earnings at $0.10 per share on revenue of $44.09 million. • Legend Biotech (NASDAQ:LEGN) is projected to report quarterly loss at $0.83 per share on revenue of $86.52 million. • Genie Energy (NYSE:GNE) is projected to repor

Eltek (NASDAQ:ELTK) is set to give its latest quarterly earnings report on Monday, 2024-03-11. Here's what investors need to know before the announcement. Analysts estimate that Eltek will report an earnings per share (EPS) of $0.31. Eltek bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.05, which was followed by a 10.67% increase in the share price the next