$ELTK

Eltek Ltd. (ELTK) received a Schedule 13D amendment reporting that Nistec Golan Ltd., controlled by Yitzhak Nissan, owns 60.23% of the company's shares. Nissan himself owns 62.68%, including shares held directly and through Nistec Golan. The shares were acquired for investment purposes at prices between $7.97 and $9.41 per share between July and September 2026.

Eltek Ltd. (NASDAQ: ELTK) announced CEO Eli Yaffe will retire on September 23, 2026, and CFO Ron Freund will take over as CEO. Yaffe will join the board in March 2027. Freund, who has been CFO since 2022, will also serve as interim CFO until a replacement is appointed.

PCB prices are rising due to copper and glass fiber shortages, benefiting upstream suppliers like Kingboard Laminates (1888) and Panasonic (6752), while downstream fabricators like Victory Giant Tech (2476) and Eltek Ltd (ELTK) face margin compression. Copper futures are up 45% year-over-year, and glass fiber shortages are causing production delays. Citi raised its target for Kingboard to HK$95, citing pricing power.

Eltek (ELTK) reported Q2 2026 revenue of $11.5M, down from $12.5M in Q2 2025, with a gross loss of $1M. The company cited lower revenue, production inefficiencies, and currency fluctuations. Eltek expects pricing adjustments and operational improvements to drive future profitability, with new PCB plating lines in testing and installation. The company has a strong cash position of $11.5M and no debt. Management remains optimistic about demand and long-term performance.

Eltek Ltd. reported a Q2 2026 net loss due to operational stabilization efforts, with revenue below levels needed for full profitability. Gross margins improved from Q1, driven by higher revenue and price adjustments. The company faces supply chain challenges and plans to expand its workforce and diversify its market focus. Management expects gradual profitability recovery, contingent on new production lines and securing orders at current pricing. Exchange rate fluctuations and raw material cost

Eltek Ltd. (ELTK) reported a Q2 2026 net loss of $2.74 million, or $0.41 per share, versus a prior-year profit of $0.37 million, or $0.05 per share. Revenue fell to $11.53 million from $12.53 million. Adjusted EBITDA was a $1.93 million loss. Shares were down 6.39% to $8.45 on Nasdaq.

ELTEK LTD (ELTK) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Press Release Eltek Ltd. Reports Second-Quarter 2026 Results Petach Tikva, Israel (August 18, 2026) Eltek Ltd. (NASDAQ: ELTK ), a leading global manufacturer of high-quality printed circuit boards, today announced its financial results for the quarter ended June 30,

Eltek's Q1 2026 earnings showed a significant miss in revenue at $10.4 million against $12.8 million a year ago, primarily due to backlog timing, logistics issues, and foreign exchange impact. The company reported a gross loss of $1.9 million and a net loss of $2.9 million, attributing weakened profitability to lower-priced backlog and supply-chain disruptions, including fiberglass shortages driven by AI hardware demand. Despite these challenges, management asserts strong underlying demand, with the backlog more than doubling and a new production line installation resuming after delays.

Eltek (NASDAQ: ELTK) announced it will release its first-quarter 2026 financial results before market open on May 19, 2026. A conference call, featuring CEO Eli Yaffe and CFO Ron Freund, is scheduled for 8:30 a.m. Eastern Time on the same day to discuss the results. The company notes that similar past announcements have typically resulted in minor stock price movements.

Eltek Ltd. (NASDAQ:ELTK) experienced a significant 32.1% decrease in short interest in January, with total short interest falling to 3,340 shares. This represents about 0.2% of the stock's shares sold short, with a days-to-cover ratio of 0.7 days based on an average daily volume of 4,527 shares. The stock traded down 2.1% to $8.76 mid-day, and analysts currently rate Eltek as a "Hold."