$ELTK

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'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."

Eltek Ltd. (ELTK) has secured new purchase orders totaling $2.4 million from a major Israeli defense company. These orders are for crucial PCB components, with deliveries scheduled for 2026 and 2027. This development reinforces Eltek's strong position and technological capabilities within the defense sector.

PETACH TIKVA, Israel, Aug. 25, 2025 /PRNewswire/ -- Eltek Ltd. ELTK, a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it received orders totaling $2.4 million from a defense customer.

Eltek ( NASDAQ:ELTK ) reported second quarter 2025 results on August 14, 2025, with revenue rising 20% year over year to $12.5 million and gross margin expanding to 24.1%. The company completed key equipment installations for its accelerated capacity build-out, absorbed a one-time $1 million ...

Image source: The Motley Fool.Thursday, August 14, 2025 at 9:00 a.m. ETChief Executive Officer - Eli YaffeContinue reading ...

Image source: The Motley Fool.Tuesday, May 20, 2025 at 8:30 a.m. ETChief Executive Officer - Eli YaffeContinue reading ...