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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, 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
6-K - ELTEK LTD (0001024672) (Filer)
6-K - ELTEK LTD (0001024672) (Filer)
6-K - ELTEK LTD (0001024672) (Filer)
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
SC 13D/A - ELTEK LTD (0001024672) (Subject)
SC 13D/A - ELTEK LTD (0001024672) (Subject)
SC 13D/A - ELTEK LTD (0001024672) (Subject)
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